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South Korea’s GKC to break ground on USD 225 mn waste-to-energy plant next month
South Korea’s Global Knowledge Company (GKC) will break ground early December on a USD 225 mn waste-to-energy WtE power plant…
Elsewedy eyes stake in Egypt’s combined-cycle power plants, other Tharaa investments
Elsewedy eyes stake in Egypt’s combined-cycle power plants, Naguib looking at other potential investments through Tharaa: Elsewedy Electric is looking…
Eni begins test operations on 14th well at Egypt’s Zohr field
Italy’s Eni has begun test operations on the Zohr natural gas field’s 14th well, an unnamed industry source tells the…
EETC awards three contracts for overhead Benban-Toshka transmission line
The Egyptian Electricity Transmission Company (EETC) has signed three contracts for the implementation of 500 kV Benban 3-Toshka 2 transmission…
CBE greenlights establishment of USD 600 mn export credit risk guarantee company
CBE greenlights establishment of USD 600 mn export credit risk guarantee company: The Central Bank of Egypt (CBE) has approved…
Shell taps Citi to manage sale of its onshore upstream assets in Egypt’s Western Desert
M&A WATCH- Royal Dutch Shell has tapped investment bank Citi to manage the upcoming sale of its onshore upstream assets…
Egypt’s Tharaa establishes a USD 20 bn investment platform with Abu Dhabi Holding Company
Tharaa, Egypt’s sovereign wealth fund, to establish a USD 20 bn investment platform with Abu Dhabi Holding Company: Egypt and…
Midor Electricity wants EGP 485 mn EUR loans to raise capacity of power plant
Midor Electricity (Midelec) is negotiating with local private and state-owned banks, including the National Bank of Egypt, to obtain a…
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