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Benban solar park brings optimism, but Egypt has a way to go to reach its renewable energy goals
Egypt’s 1.8 GW Benban solar power park will soon become “a source of renewal as vital as the [Nile] river,”…
Energy
Egypt’s oil and gas blocks represent an intrusion into Sudanese territory, says Khartoum
Sudan grumbling about Halayeb oil exploration blocks: Oil and gas blocks in the Red Sea’s Halayeb offered by Egypt for…
Benban solar power park announced top World Bank project
It was a quiet night on the airwaves. The World Bank has announced Egypt’s 1.8 GW Benban solar power park…
EETC, EGEMAC sign four contracts worth EGP 1.7 bn to develop electricity transmission networks
The Egyptian Electricity Transmission Company (EETC) and the Egyptian German Electrical Manufacturing Company (EGEMAC) have signed four contracts worth a…
Rosatom visiting Egyptian steel companies for Dabaa partnerships
Senior executives from Russia’s Rosatom have begun talks with several Egyptian companies, including Orascom Construction, Elsewedy Electric, and Ezz Steel,…
What we’re tracking on 19 March 2019
We are, to quote corporate Egypt, “cautiously optimistic” that the weeklong news drought is slowly coming to an end. Top…
Eni to complete Zohr gas processing station in April
Italy’s Eni will by April have completed the construction of a gas treatment station for Zohr-produced gas in Port Said’s…
SIDPEC propylene factory to be 70% financed through debt from Egypt banks
Sidi Kerir Petrochemicals’ (SIDPEC) new propylene and polypropylene plant in Alexandria will have a 70:30 debt-to-equity ratio, the company said…
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