News / Egypt
Indian’s Sanmar to Invest $350m in Egypt
Indian petrochemical giant Sanmar plans to invest $350m in the expansion of its Egypt plant Trust Chemical Industries (TCI) in Port Said, raising its total investment in the country to $1.45bn.
Egyptian Electricity Holding to Receive EGP100m from MIDB
Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ).
SkyPower IGD Signs Solar Deal in Egypt
SkyPower Global and International Gulf Development (IGD) have signed an agreement with the Government of Egypt to develop 3,000 megawatts (MW) of utility-scale solar PV.
Press Release: Petroleum Minister of Egypt Stresses Need for Improving Services to Citizens
Sherif Ismail, Minister of Petroleum and Mineral Resources for Egypt, emphasized the importance of supporting Egyptian-Arab cooperation in various areas of the oil industry in light of the economic need for such projects.
Appeal of Former Minister of Petroleum on Israeli Gas Export Charges
Egypt's top prosecutor will appeal a court ruling acquitting former president Hosni Mubarak's Petroleum Minister Sameh Fahmy of the charge of exporting gas to Israel below market prices.
Egypt to Get 65% of its Petroleum Products from ADNOC
State-run Abu Dhabi National Oil Company (ADNOC) will start monthly deliveries of $400m of petroleum products to Egypt from next week until the end of October.
Egypt Opens Bid for Diesel Imports
Egyptian General Petroleum Corporation (EGPC) revealed on Friday a bid to import four shipments of diesel oil (768,000 tons), in efforts to provide the required fuel needed to supply electricity stations during the summer.
