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Investment minister meets with World Bank, discuss Upper Egypt development
Sahar Nasr discusses USD 500 mn Upper Egypt development program with World Bank: Investment and International Cooperation Minister Sahar Nasr…
Green economy
Earnings watch: Elsewedy Electric’s net profit and revenues fall in 3Q2018
EARNINGS WATCH- Elsewedy Electric’s consolidated net profit fell to EGP 1.16 bn in 3Q2018 from EGP 1.58 bn during the…
French VINCI-led consortium bids to construct Cairo Metro’s Line 3 airport route
A French consortium led by France’s VINCI has officially presented its bid in a tender to construct the third part…
What we’re tracking on 19 November 2018
*** Tell us what you expect in 2019: Each year, we ask readers to weigh in on what they expect…
ASORC in talks with local, Gulf banks for USD 500 mn loan in financing for refinery
The Assiut Oil Refining Company (ASORC) is in talks with local and Gulf banks for a USD 500 mn loan…
Electricity Ministry has concerns on implementation cost of Cyprus power linkage project
The Electricity Ministry reportedly has concerns over the implementation cost and landing point of the 2,000 MW subsea power cable…
ACWA, Hassan Allam to sell electricity to gov’t at USD 0.018/kwh from Luxor plant
The Electricity Ministry, Saudi’s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated…
Last night’s talk shows: Heliopolis garage, local produce, residency for home purchases
The region’s first “stacked” car garage is about to open in Heliopolis: The first phase of the EGP 230 mn…
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