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Posted inEGYPT IN THE NEWS

Military court sentences Genena to five years in prison

The military court sentenced former Central Auditing Organization head Hisham Genena to five years in prison on charges of spreading false news seen as insulting to the Armed Forces, his lawyers said on Tuesday, according to Reuters. Human rights groups, including Amnesty International, condemned the sentence and called for Genena’s release. Genena was first detained […]

Posted inEGYPT IN THE NEWS

Other headlines worth noting

Other headlines worth noting in brief include: Arsenal midfielder Mohamed Elneny could recover ahead of the World Cup from an ankle injury earlier this week,club manager Arsene Wenger tells BBC Sport. Regulatory approval from EC for Egypt investment: The European Commission is expected to review and sign-off next month on a partnership agreement between Cargill […]

Posted inEnergy

Another hurdle in getting Hamrawein power plant up and running?

The Electricity Ministry is reportedly looking to lower the costs of developing the 6.6 GW-capacity Hamrawein “clean coal” plant, and has informed the companies bidding on the project to lower their bidding price, ministry sources tell Al Mal. The Orascom Construction-Elsewedy Electric-Mitsubishi Hitachi consortium is reportedly offering to build the plant for USD 7 bn. […]

Posted inEnergy

EETC to withdraw land allocated for wind projects after investors failed to deliver

The Egyptian Electricity Transmission Company (EETC) has notified the New and Renewable Energy Authority (NREA) that it would begin on Saturday withdrawing land plots allocated for wind power projects from investors who have failed to deliver any progress, according to NREA sources. Nine companies, including ACWA Power, Infinity, Elsewedy, and Alfanar, had received 10 sq […]

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