Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Elsewedy Electric acquires share capital of four Greek renewable energy companies for EUR 55 mn
M&A WATCH- Elsewedy Electric looking to acquire four Greek renewable energy outfits in EUR 55 mn transaction: Elsewedy Electric has…
Climate
OPIC approves USD 87 mn for Lekela Egypt’s 250 MW power plant
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, approved USD 87 mn in funding for Lekela…
Siemens Gamesa frontrunner to build Lekela’s 250 MW wind energy plant in Ras Ghareb
Siemens Gamesa is the frontrunner in a tender to build Lekela’s 250 MW wind energy plant in Ras Ghareb, sources…
Scatec Solar starts commercial operations on third part of its 400 MW Benban solar project
Scatec Solar has launched commercial operations on the third of six planned 65 MW photovoltaic installations that it is constructing…
Raya’s manufacturing arm seeking licence to assemble electric cars
INVESTMENT WATCH- Raya’s manufacturing arm seeking licence to assemble electric cars: Raya Auto, a subsidiary of Medhat Khalil’s Raya Holding,…
Cabinet to decide on Siemens Gamesa’s wind energy plant offer
The Electricity Ministry has reached a power purchase agreement with Siemens Gamesa over its planned EUR 2 bn, 2 GW…
Egypt to release in August conditions for newly introduced “falling auction” tenders
The government will unveil in August the conditions for 600 MW-worth of solar projects that will be tendered under a…
Egypt sends aircraft to help Israel battle wildfires
Israeli Prime Minister Benjamin Netanyahu has thanked Egyptian President Abdel Fattah El Sisi, along with Italy, Cyprus, Greece, and Croatia,…
Something went wrong. Please refresh the page and/or try again.