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That 2014 feeling: Rolling blackouts are back as electricity demand soars amid heatwave
Gas supplies have been unable to match soaring consumption driven by the ongoing heatwave
How EGX-listed infrastructure players performed in 1Q 2023
With the help of a changing FX rate, traditional infrastructure players had a solid showing in 1Q 2023
MEDCOM signs EGP 1 bn MoU to develop infrastructure at Madinet Masr’s Taj City. PLUS: New mining exploration tender, Shanghai Shengda
The contractor will develop the water system, lighting, road networks and utilities in several areas of the development
Egypt, Greece explore ways to fund the GREGY interconnector
Three financing options are on the table, an Electricity Ministry source told us
ACWA Power receives land in Sohag for 10-GW mega wind farm
Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt…
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
AIIB to provide EUR 250 mn loan for Abu Qir metro project
This is around a sixth of the EUR 1.6 bn project, which will convert the Abu Qir railway into an…
Alstom to localize manufacture of rolling stock, electrical systems
The French rail manufacturer plans to invest EUR 300 mn in two new factories on the North Coast
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