Romania is eyeing investing in solar and wind energy projects in Egypt, Romania’s Secretary of State for Global Affairs Monica Gheorghita told Electricity Minister Mohamed Shaker in a meeting on Thursday, according to Al Mal. In related news, Oil Minister Tarek El Molla discussed increasing US investments in the sector with US Embassy Chargé d’Affaires Thomas Goldberger amid efforts to develop Egypt into a regional energy hub, according to a ministry statement.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
EGX30 gained 2.79% in 3Q, but September gave back most of its July-August run, with mid-caps falling the hardest
Small- and mid-cap indices widened their lead over the benchmark…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…