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Infrastructure 
EDF, Elsewedy commission 130 MW solar power plants in Egypt’s Benban
EDF Renewables and Elsewedy Electric have commissioned two solar power plants with a combined capacity of 130 MW in the…
Zohr natgas output to surpass 3 bcf/d this month
Zohr natgas production to exceed 3 bcf/d this month: Production from the 13 wells at the giant Zohr natural gas…
EBRD could invest USD 60 mn in Infinity Solar projects
The European Bank for Reconstruction and Development (EBRD) could invest USD 60 mn in Infinity Solar to develop new renewable…
World entering “synchronized stagnation,” say FT, Brookings
World entering “synchronized stagnation,” say FT, Brookings: The global economy is heading into so-called “synchronized stagnation” as growth stalls in…
UAE’s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt
Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity…
EETC to sign power purchasing agreement with Siemens Gamesa within weeks
The Egyptian Electricity Transmission Company (EETC) is set to sign a power purchase agreement (PPA) with Siemens Gamesa for two…
What we’re tracking on 14 October 2019
The annual meetings of the IMF and World Bank start today and wrap up on Sunday, with the talk of…
KarmSolar signs EGP 230 mn loan agreement with Banque Misr
KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO…
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