investment | Egypt Oil & Gas - Part 18
Egypt, China to Sign Six Electricity Infrastructure Deals
The Ministry of Electricity expects to sign six new agreements for Chinese investment in Egypt’s electricity infrastructure during Chinese President Xi Jinping’s visit in January.
$25m Power Plant to Be Built in Egypt’s 6 October City
Sheikh Zayed City Development Authority is in the process of launching a 500 MW power plant, with investments worth EGP 200m ($25.5m). The plant will be built on a 15,000 square meters over a period of 2 years.
Egypt to Receive $99m Loan from Kuwait
The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have finalized an agreement for a $99m (KWD 30m) loan for Egypt. The loan will be directed towards funding a project that will expand ...
ACEP: Ghana’s Petroleum Tax Beyond Acceptable Levels
Ghana’s new taxes on petroleum products are beyond acceptable levels for a developing country, according to the African Center for Energy Policy.
Algerian, British Ministers Discuss Energy Investment
Algeria's Energy Minister, Salah Khebri, and British Special Representative, Lord Richard Risby, held a bilateral meeting to discuss greater energy cooperation between the two countries.
Egypt Postpones Bid Round Due to Oil Prices
The Egyptian General Petroleum Corporation (EGPC) decided to postpone planned bid round until prices of Brent oil stabilize in international markets. The bid round was intended to be launched early 2016, offering 10 ...
EEHC to Invest EGP 3.82b in Egypt’s Infrastructure
Egypt has allocated EGP 3.82b for the laying of distribution lines, building of transformers, and cables of medium and low voltage, plans that are expected to take effect in 2016.
Egypt Presents Project Proposals for Saudi Investment
Egypt has presented proposals and feasibility studies for projects in the energy, housing, agriculture, and tourism sectors to the Saudi Arabian government for examination and possible investment.
