The Electricity Ministry launched a tender for a 250 MW solar power park in the Gulf of Suez on Monday, Amwal Al Ghad reports. The tender has garnered interest from six firms, whose offers are being looked at by the New and Renewable Energy Authority, authority Mohamed El Khayat said. No word has yet emerged over which firms were chosen.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…