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Apicorp signs USD 75 mn Islamic loan agreement with Alfanar for renewable energy projects
The Arab Petroleum Investments Corporation (Apicorp) has signed a five-year Islamic financing facility with Saudi-based Alfanar Company worth USD 75…
Ahmed Nabil Abdelmeguid named M&A head at Elsewedy Electric
MOVES- Elsewedy Electric has appointed Ahmed Nabil Abdelmeguid (LinkedIn) as the company’s new head of mergers and acquisitions. Abdelmeguid was…
Egypt’s gas consumption to increase to 7.3bn bcf/day in FY2010/21
Egypt’s gas consumption will increase to 7.3 bcf/d in FY2020-2021, a source at the Egyptian Natural Gas Holding Company (EGAS)…
Cabinet approves first phase of 1 GW Eni solar plant
Cabinet has approved the first 200 MW phase of Eni’s planned 1 GW solar plant, paving the way for the…
Electricity ministry explores cooperation with Sweden
Deputy Electricity Minister Osama Asran met with Swedish Energy Minister Andres Ygeman to discuss potential cooperation in developing smart grids…
Intro Energy inaugurates 5 MW solar power plant in Sharm El Sheikh
Intro Energy inaugurates 5 MW solar power plant in Sharm El Sheikh: Intro Group subsidiary Intro Energy, along with co-developer…
Emerging Markets: Where will they go from here?
Emerging markets: Where will they go from here? After all the gloom of last year’s emerging market zombie apocalypse, this…
Maridive wins USD 27 mn service contract in Mexico
Maridive Oil Services has won a USD 27 mn services contract for work in Mexico, the company announced in a…
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