News / Egypt
Egypt’s Carbon Holdings Hopes to Conclude $4bn Debt Financing
Egypt's Carbon Holdings hopes to conclude a $4 billion debt financing with export credit agencies to back its $7.4 billion Tahrir Petrochemicals project by the end of this year, its chief executive said on Monday.
Gas Shortages and Unproductive Usages Plague Suez Cement
Suez Cement has invested approximately EGP 12bn since its operation in Egypt began, but has not maintained its gas supply for two months without facing cuts
Approvals for Orascom Solar Project Still Pending
Orascom Telecom awaits solar energy project PPA, says deputy executive director
Ganoub El Wadi Selling Data Packs for Gulf of Suez Zones
Four companies are purchasing data for four zones in the Gulf of Suez
Ethanol Production to Utilize Rice Straw in Renewables Drive
Rice straw will be used to produce ethanol, which will be used to produce electricity
Investment Minister: Billions Coming into Renewables, but Land and Currency Problems Still Need Resolution
Government seeks to resolve land shortage, foreign currency crisis, with both still being studied by Economic Group, says Salman
EGAS Goes to Finance Ministry to Purchase LNG
The Egyptian Natural Gas Holding Company (EGAS) has said it requested EGP30 billion from the Finance Ministry for the 2015-2016 fiscal year to finance the purchase of liquefied natural gas.
Fuel Shortages Choking Production, Exports
Investors have confirmed that the decline in the power supply to factories was the most prominent reason for the decline in exports of energy-intensive industries during the first quarter of this year.
