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Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister
Egypt’s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables,…
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…
Shell to start work on three concession areas in 2H 2020
Shell to start work on three oil and gas concessions in 2H 2020: Shell plans to begin operations at three…
IMF hints at post-loan arrangements with Egypt
IMF hints at post-loan arrangements with Egypt: Future cooperation between Egypt and the IMF will center around continuing structural reforms…
EGPC to borrow USD 650 mn to buy petroleum products
The Egyptian General Petroleum Corporation will take out a USD 650 mn loan from the International Islamic Trade Finance Corporation…
Egypt to inaugurate Benban solar park in November
Egypt will inaugurate the USD 2 bn, 1.4 GW Benban solar energy park in Aswan at the end of November,…
New USD 500 mn World Bank facility to help Egypt cut pollution?
New USD 500 mn World Bank facility to help Egypt cut pollution? Investment Minister Sahar Nasr met yesterday with World…
Siemens Gamesa starts work on Lekela’s 250 MW West Bakr wind plant
Siemens Gamesa has begun building a 250 MW wind plant in West Bakr in the Gulf of Suez, which is…
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