The Egyptian Electricity Transmission Company has signed a EGP 188 mn agreement with EGEMAC for the construction of a transformer stationin Samannoud, EETC head Sabah Mashaly said, according to Al Mal. The transformer station will service increased demand in the delta region, and is expected to take a year to complete.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…