The Industrial Modernization Center (IMC) is establishing a photovoltaic power system that will be connected to the national power grid, Al Ahram reports. The project, which the IMC will develop in cooperation with the UNDP, entails installing solar panels on the roofs of public buildings, private homes, and small and medium factories, according to Egypt Today.
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…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…