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Egypt’s Elsewedy secures USD 100 mn loan from BM for Africa expansion plan
Elsewedy Electric has signed a USD 100 mn loan agreement with Banque Misr to finance expansion plans in Africa, sources…
Jordan reduces imports of Egyptian gas by a factor of four- EGAS source
Jordan has reduced its imports of Egyptian natural gas to 75 mcf/d from 300 mcf/d due to falling demand, a…
Ades International signs two-year contract in Egypt
Oil and gas company Ades International has secured a new two-year contract with an unnamed Egyptian energy company for its…
Elsewedy Electrometer plans USD 3 mn expansion in Brazil
Elsewedy Electrometer plans to spend USD 3 mn this year expanding its business in Brazil, Chairman & CEO Emad Elsewedy…
China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake
M&A WATCH- China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China’s…
Enppi wins USD 500 mn-worth turnkey project in Saudi
Enppi has won in a bid for a turnkey project in Saudi Arabia worth over USD 500 mn, defeating a…
The transition to clean energy — how are we doing? (Hint: not very well)
Twelve beautiful, but sad, charts and graphs tell the story of our global transition to clean energy: Using beautifully clear…
El Sisi meets Mozambican president, Enppi signs USD 500 mn contract for Saudi project
The opening ceremony of Afcon 2019 dominated the airwaves on Saturday for the second night in a row (in case…
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