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EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports
The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National…
Egyptian Atomic Energy Authority completes phase one of uranium compound
The first phase of the Egyptian Atomic Energy Authority's (EAEA) uranium compound plant, set to service the Dabaa nuclear power…
Siemens Gamesa wants windier land for its 500 MW Ras Ghareb wind farm
Siemens Gamesa is negotiating with the New and Renewable Energy Authority to acquire a new piece of land for its…
GE, Siemens, Schneider qualify in tender for four control centers
General Electric, Siemens, and Schneider have qualified in a tender issued by the North Cairo and South Cairo electricity distribution…
Israel gas shipments could be delayed by another two months
Israeli gas shipments pushed again? Natural gas will begin flowing into Egypt this quarter, beginning with amounts of between 1.5-3…
Dragon Oil completes acquisition of BP Gulf of Suez assets
M&A WATCH- Dragon Oil completes USD 500 mn acquisition of BP’s Gulf of Suez assets: Emirates National Oil Company (ENOC)…
What we’re tracking on 12 January 2020
It was a quiet weekend on the home front, with the new agenda being driven by a mix of ‘regional’…
Egypt to introduce new tariff structure for charging EVs by the end of 2020
The government is planning to introduce before the end of the year a tariff structure for charging electric vehicles, government…
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