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Eight local, international companies bid for new capital solar tender
Eight local and international companies have submitted bids for a tender to install solar panels on 64 buildings in the…
Zarou is Egypt’s top contender for stake in Siemens power plants
Zarou is the top contender for stake in Siemens power plants: Blackstone Group’s Zarou is reportedly the frontrunner out of…
Earnings watch: Elsewedy Electric, Oriental Weavers, Domty
EARNINGS WATCH- Elsewedy Electric’s net profit dropped 22.2% to EGP 2.7 bn in 9M2019, down from EGP 3.5 bn during…
Egypt’s SWF could take a 30% stake in Siemens-OC-Elsewedy power plants -Soliman
Egypt’s new sovereign wealth fund is looking to acquire a 30% stake in the Siemens / OC / Elsewedy power…
Egypt greenlights establishment of SCZone Utilities
Prime Minister Moustafa Madbouly authorized the Suez Canal Economic Zone (SCZone) to participate in establishing a joint stock company named…
Egypt’s NUCA signs EGP 365 mn electromechanical work contract with Elsewedy Electric
Elsewedy Electric announced yesterday signing a new EGP 365 mn contract with the New Urban Communities Authority to develop the…
EETC signs EGP 656 mn in contracts with ELMACO, El Sewedy to supply transformers
The Egyptian Electricity Transmission Company (EETC) has signed two contracts with Elsewedy Electric and El Nasr Transformers and Electrical Products…
Egypt to select winning bid for Sixth of October dry port tender in January
The government will select in January the winning bid in the Sixth of October dry port tender, said Transport Minister…
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