Egypt | Egypt Oil & Gas - Part 432
Egypt’s Dollar Shortage May Undermine Renewable Energy Projects
Egyptian solar-power developers are increasingly concerned by the state’s declining foreign currency reserves.
Egypt, Russia Finalize Nuclear Plant Deal
The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th.
ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry
An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.
Tarek El-Molla to Attend Bahrain’s APICORP Energy Forum
His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain.
Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub
Scatec Solar, a leading solar energy provider, is planning to invest $600m on solar projects over two years in Egypt.
Fears that Dana Gas Losses May Affect Egypt Investments
UAE-based Dana Gas announced a $7.6m loss in the third quarter of 2015. The company operates mostly in Egypt and Iraq.
Siemens to Receive €4.1b Loan for Egypt Project
German credit insurance agency Euler Hermes has agreed to underwrite a €4.1b loan to Egypt from a consortium of German banks in support of Siemens electricity production efforts in the country, Egypt Independent reports.
Egypt Submits Proposal for UN Climate Change Conference
the Egyptian government submitted a proposal for its contribution to the UN climate pact, in preparation for the December Paris Conference.
