The Egyptian Electricity Transmission Company (EETC) is pushing by up to 40 days the window for companies to submit bids in the tender for the construction of Egypt’s electricity interconnection project with Saudi Arabia due to the covid-19 pandemic, reports the local press. An initial tender was scrapped after the electric line plan was changed due to Saudi Arabia’s addition of its futuristic city project, Neom.
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…
Beltone opens subscriptions for Egypt’s first silver fund today, plans five more funds
The fund invests directly in physical silver
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…