Gourmet Egypt announces intention to float

1

What We're Tracking Today

Egypt received EUR 1 bn from the EU over the weekend

Good morning, wonderful people. We really want to hear from you in our annual reader poll, which is back this year after a hiatus. Tap or click here and have your voice counted on issues including:

Whether you think business conditions will improve in 2026;
The biggest issue your business faces today;
What you think AI will mean for your company;
Where you see the EGP vs the USD this year;
And more…

We’ll have the full results of the poll for you at the end of this month.

MEANWHILE- There’s no filler in this morning’s issue. US President Donald Trump wants to restart GERD talks — and it looks like he’s siding with us. Maersk ships will once again be transiting the Suez Canal, breathing new life into a key source of FX. And we have deep dives into why companies are doing share buybacks — and why battery storage manufacturing looks set to be the next big thing in the domestic renewables industry.

It’s official: Gourmet Egypt is going public

BREAKING- Gourmet Egypt released its intention to float (pdf) on the EGX just as we were about to hit “send” on this morning’s issue.

The transaction structure: It’s a 100% secondary offering, with selling shareholders including private equity outfit B Investments and members of the founding Abu Ghazaleh family looking to offload up to 47.6% of the company. Look for a private placement for international institutional investors and a public offering to investors in Egypt. B Investments will retain a 40% stake post-listing.

When’s it happening? Gourmet shares should start trading in February.

Gourmet by the numbers: The company operates 21 stores across Greater Cairo, Alexandria, El Gouna, and the North Coast, with delivery and e-commerce now accounting for roughly 35% of sales. The company posted EGP 2.1 bn in revenue in 2024 and grew 39.6% year-on-year through September 2025.

ADVISORS- Our friends at EFG Hermes Investment Banking are running the book and serving as sole global coordinators. MHR & Partners in association with White & Case are local counsel to the issuers.

***

DO YOU WANT TO LISTEN to this morning’s issue? Tap or click here for a 10-minute version of today’s EnterpriseAM — crafted for you to enjoy with your morning coffee, while getting the kids ready for school, or while wondering if the office espresso machine has finally decided to stage a walkout.***

We’re sorry

PSA #1- We messed up. An agency partner that helps us manage our email system screwed up an automation that sends welcome emails to new subscribers. The result? Many of you got welcome emails yesterday to publications that some of you have been reading uninterrupted for as long as 11 years. We’re sorry for the unexpected appearance in your inbox yesterday — there’s nothing you need to do.

PSA #2- You’ll want to be extra-productive this week, because we should be heading into a three-day weekend in observance of Police Day / #25Jan / the 2011 Revolution — whatever you want to call 25 January. Cabinet has yet to confirm that Sunday is a day off.

WEATHER- It’s another cold, foggy morning in Cairo — so take care if you’re hitting the road anytime before 10am. As for the weather, the capital will be looking at a high of 20°C and an overnight low of 10°C, according to our favorite weather app.

Happening this week

It’s Davos week: World leaders, bankers, and global business leaders are touching down in Switzerland this week for the World Economic Forum Annual Meeting, which runs tomorrow through Friday. You can go deeper on the meeting’s microsite here.

President Abdel Fattah El Sisi is leading the Egyptian delegation. He’ll deliver what’s being billed as a capital-letter “Special Address” alongside WEF President Børge Brende on Wednesday. Cabinet members due on stage during the event include Investment Minister Hassan El Khatib, who join the editor-in-chief of Politico Europe and global private sector heavyweights to discuss the “Hard Choices for Industrial Policy” and Planning and International Cooperation Minister Rania Al Mashat, who will discuss the role of emerging markets in shaping the global economy alongside the International Finance Corporation’s Makhtar Diop and McKinsey & Company’s Bob Sternfels.

Finance Minister Ahmed Kouchouk and CIB’s Hisham Ezz Al Arab will wrap the week with a session headlined “A Prosperity Agenda for the Middle East,” where they will discuss how MENA could transform into a more competitive, diversified economic landscape. And MNT-Halan Founder and CEO Mounir Nakhla will be one of six people discussing women in finance.

Watch this space

SOVEREIGN DEBT — We’ve kicked off the year with EUR 1 bn worth of financing from the EU newly in our coffers and there is still more to come. A recently-arrived second tranche will be followed by a further EUR 3 bn later this year, one of two remaining tranches of the wider EUR 5 bn macro-financial assistance package from the bloc, the Planning and International Cooperation Ministry said in a statement Thursday.

Another USD 2.7 bn from the IMF should also be coming our way before the end of March, with the international lender’s executive board expected to convene in 1Q 2026, the fund’s Director of Communications Julie Kozack said at a press briefing over the weekend. We’re still not on the board’s public schedule

Why has it taken the board this long to approve our reviews? The delay — following a staff-level agreement in late December — was largely procedural due to the Christmas break, IMF Executive Director Mohamed Maait tells EnterpriseAM. Maait expects the board to convene within weeks once internal reviews are finalized.

How will the government use the IMF funds? Half of the disbursement will go towards the reduction of public debt, a government source tells us, adding that the delay isn’t expected to cause any issues — strong hot money inflows and regular coordination with the CBE mean the state is currently meeting all external obligations on schedule despite the shift in the IMF's board calendar.

SUEZ CANAL — Big shipping lines are returning to the Red Sea. Global shipping giant Maersk officially began rerouting its MECL service — connecting India and the Middle East to the US East Coast — back through the Suez Canal, the company said in a statement Thursday. “The resumption of service represents a direct boost to navigation traffic in the Suez Canal, as one of Maersk’s main lines returns to regular transit through the canal,” Middle East and Africa Chief Group Representative Hany El Nady tells EnterpriseAM.

By moving from test journeys to a formal return, Maersk’s could push other shipping lines to consider returning to the canal, with the efficiency of the route now seen as outweighing any lingering security risks, according to the Danish shipping company. “The decision also reflects a gradual restoration of global shipping lines’ confidence in the region’s vital waterways,” El Nady tells us.

It’s not just Maersk: CMA CGM will reroute its Indamex Service back through the Red Sea starting this month.

TAX — Our bid to get an exemption from the EU’s Carbon Border Adjustment Mechanism (CBAM) still has a way to go, with the bloc only having preliminarily approved a temporary exemption from the carbon tax, three senior government sources tell EnterpriseAM. “EU committees are currently communicating to provide their opinion on the matter in preparation for an official decision,” we were told.

One of the sources sees things a bit differently, telling us that fertilizers have already got the green light. The source expects similar exemptions “soon” for iron, steel, and aluminum products. The EU has not said anything publicly about our request.

Why does the Madbouly government think it has a chance? The EU understands the importance of Egyptian goods to the European market, as well as the limited international financing available to bolster the ability of countries to comply, the officials think.

IN CONTEXT- Egypt isn’t the only emerging market to lobby for exemptions. Others are doing the same, pointing to the UN Framework Convention on Climate Change and its provision that developing nations not be burdened with unfair market access fees.

A veteran industry player we spoke with on Thursday thinks there’s little chance the EU will give us an exemption. Importers in the EU have until the end of March to file paperwork that would allow them to import more than 50 tons of covered goods this year.

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.

Subscribe here

** DID YOU KNOW that we cover Saudi Arabia, the UAE and the MENA-IndiaCorridor?

** Were you forwarded this email? Tap or click here to get your own copy delivered every weekday before 7am Cairo time — without charge.

The big story abroad

It’s another morning with Trump dominating global headlines: US President Donald Trump has officially launched a Greenland-focused trade war, announcing yesterday that Washington will slap a 10% tariff on eight European nations — including Denmark, Germany, and the UK — starting 1 February. The levy will increase to 25% on 1 June unless the US secures an agreement for the purchase of Greenland, which Trump means to use as a base for his Golden Dome missile defense project.

Countering the tariff noise, the EU and Mercosur signed a landmark trade agreement yesterday, ending 25 years of negotiations. The agreement eliminates 90% of tariffs between the EU and the South American bloc, a strategic move by Brussels to diversify supply chains for critical minerals and agricultural goods.

China and Canada, meanwhile, ended a trade war and signaled they are deepening their partnership.

WORTH READING THIS MORNING- The war between the White House and the Fed has turned into a legal showdown, as Chair Jay Powell publicly attacked a DOJ probe into his office, calling it a “pretext” for Trump to force interest rate cuts. (Financial Times)

Leviathan partners take final investment decision on expansion project after Egypt drops objections to “Israel First” clause

It looks like our USD 35 bn natural gas import agreement with Israel is moving forward after all. Leviathan partner NewMed confirmed in a disclosure (pdf) that as of Thursday, all conditions precedent for the agreement have been satisfied.

Setting the stage to meet export quotas: Leviathan partners Chevron, NewMed Energy, and Ratio Energies took a USD 2.4 bn final investment decision to nearly double the field’s production capacity.

Egypt ultimately dropped reservations over “Israel-first” clauses that give the Israeli Energy Ministry the power to slash sales to Egypt by up to 60% starting in 2036 to satisfy its own domestic grid if the regulator thinks it needs the gas at home.

Stage one of the expansion will see Leviathan nearly double production capacity to 21 bcm a year from 12 bcm, with increased gas flows from the expansion to start in 2H 2029. New wells, expanded subsea infrastructure, and the removal of pipeline bottlenecks will allow for imports to Egypt to gradually ramp up to 2.1 bcf/d.

MEANWHILE- Officials in Cairo are working to line up fresh flows from Cyprus, with a final investment decision to bring online the 3.1 tcf Cronos field and export its output to Egypt to be announced in March during the Egypt Energy Show, industry publication Mees reports. Egypt will re-export the Cypriot gas as LNG.

The Israel and Cyprus import agreements are key to Egypt’s positioning as the premier energy hub in the Eastern Mediterranean, covering conventional, clean, and new energy.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Why do listed companies buy back treasury shares?

The wave of share buybacks on the EGX is evolving. Once a simple signal that management viewed its shares as undervalued, treasury stock has emerged as a complex strategic lever used to optimize tax exposure, manage exits, and go private, Al Ahly Pharos Research Head Hany Genena tells EnterpriseAM. Buybacks can also be used as a tool to fight-off activist investors.

The trend: Activity clustered heavily in late 2025, with EFG Holding canceling 23.7 mn shares, Madinet Masr targeting up to 4% of its own shares, and GFH purchasing 9.95 mn shares (pdf). Ezz Steel completed a buyback from minority shareholders ahead of its voluntary delisting, purchasing 163.8 mn shares, equal to 30.2% of issued capital and 88% of its float.

SOUND SMART- A share buyback is when a company uses its own funds to purchase its shares from the stock market, reducing the number of shares in circulation. This often boosts earnings per share (EPS) and can support the share price, since earnings are spread across fewer, less-available shares.

Why it matters: The five strategic drivers

#1- The one-off reward: Buybacks also avoid the market expectation that a payout will be repeated next year. For many EGX firms, buybacks remain the preferred method of returning capital without creating long-term expectations or liabilities.

#2- The tax arbitrage: In a high-inflation environment, buybacks beat dividends on efficiency. “Dividends face a 10% withholding tax,” Genena said, noting that “selling into a buyback is subject only to stamp duty.”

#3- The floor for fund managers: With large institutional investors needing to mark holdings to market, management teams are stepping in to support the share price. Genena points to Edita, where a buyback program supported liquidity ahead of Kingsway’s exit. Kingsway’s final exit from Edita came last fall.

#4- The synthetic capital gain: Companies like Raya Contact Center have accumulated shares ahead of corporate actions to book capital gains directly to equity, Genena said, noting that even if the triggering transaction stalls (as Raya’s did), the company retains the flexibility to resell the shares for a gain.

#5- The boardroom defense: Companies can use buybacks to shrink their freefloat as a “preemptive measure” against activist entry, Genena says. Companies can use buybacks to shrink the free float as a preemptive measure against activist entry — fewer shares trading means it’s harder and more expensive for an outsider to accumulate the 10% stake required to demand a board seat. Ongoing friction between Juhayna’s owners and Qatari shareholder Baladna highlight the stakes involved when it comes to ownership thresholds.

What’s next

Expect a wave of capital reductions in 2026. Egyptian law caps treasury holdings at 10% and requires shares to be re-issued or canceled within one year. With the heavy buying activity in late 2025, you should expect a corresponding cycle of share cancellations and capital reductions over the next 12 months.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Egypt secures 15 GWh in annual battery production capacity to back renewables push

Egypt is moving to plug the biggest gap in its renewable energy strategy: storage. Local industrial services player Kemet and China’s energy storage batteries manufacturer Cornex inked a strategic cooperation agreement to establish a USD 200 mn energy storage battery cells factory in Egypt using local raw materials, according to a statement from the Electricity Ministry.

The key here isn’t the size of the deal, but the annual production of 5 GWh of battery storage capacity. This project and others — including last week's news that China’s Sungrow will build a 10 GWh annual capacity battery storage systems factory to support Scatec’s Energy Valley project — help address one of the most expensive and import-heavy components of large renewable projects.

Without a real focus on energy storage, Egypt's efforts to reach a 42% renewables share by 2030 will hit a brick wall. Despite the many advantages of wind and solar, one key challenge is that generation rarely aligns with peak demand. Solar output falls just as Egyptians head home and turn on the lights, televisions, and A/Cs. Meanwhile, wind power is often unpredictable and can change at a moment’s notice, leaving gas-powered plants to step in and fill the gap.

Enter batteries, which allow utilities to store energy generated off-peak to release into the grid during higher-demand hours. Energy storage systems also make it easier to manage flows along our aging grid.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Arab API kicks off construction on factory to address Egypt’s heavy reliance on pharma raw material imports

Arab API’s USD 165 mn factory, now under construction in Ain Sokhna, could help curb Egypt’s hefty import bill for pharma raw materials, according to a statement from the Suez Canal Economic Zone (SCZone). The joint venture between local pharma players Eipico, the Arab Company for Drug Industries and Medical Appliances (Acdima), and the SCZone is expected to produce 350 tons of cephalosporin a year and fill a USD 250 mn hole in the country’s import bill, according to an earlier statement from project partner Eipico.

Why it matters: The Egyptian Drug Authority's celebration of achieving a 91.3% self-sufficiency rate for pharma products last May — the figure is likely a bit higher now — is deeply reliant on imported raw materials. True localization, as we’ve seen in the auto industry and others, requires onshoring substantial chunks of the production chain. Today, we import some 90% of the raw materials used in pharma production. We once looked at self-sufficiency through a Nasserist lens; today, targeting it in key sectors is a mechanism to help cope with FX volatility and supply chain shocks.

** Want more? We took a look into the pharma sector’s localization drive and pricing shake-ups in an Inside Industry published late last year. Tap or click here to check it out.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Trump offers US mediation on GERD dispute, backs Egypt’s water security concerns

Could Trump hold the key to resolving the GERD dispute? US President Donald Trump said he is “ready to restart US mediation between ⁠Egypt ‍and Ethiopia to responsibly resolve the ⁠question of ‘The Nile Water Sharing’ once ‌and for all” in a letter sent to President Abdel Fattah El Sisi. Trump posted the letter on his Truth Social platform. The letter signals a significant shift toward a US-led diplomatic track following years of stalled African Union-mediated talks over Addis Ababa’s filling and operation of the Grand Ethiopian Renaissance Dam (GERD).

The US position is leaning decidedly toward our water security concerns. “No state in this region should unilaterally control the precious resources of the Nile, and disadvantage its neighbors in the process,” Trump said in the letter. He proposed a framework that would guarantee predictable water releases during droughts for downstream Egypt and Sudan, while allowing Ethiopia to generate electricity — some of which could be “given, or sold” to its neighbors.

Egypt was quick to welcome the move. El Sisi wrote on X and Facebook on Saturday, commending Trump’s recognition of Egypt’s “pivotal role” in regional stability and reaffirming that the Nile remains the “lifeline” of the Egyptian people.

MEANWHILE- Egypt’s intelligence chief to join the new Gaza Board of Peace. The White House announced the formation of the National Committee for the Administration of Gaza, a technocratic body, led by former PA deputy minister Ali Sha’ath, tasked with restoring public services and civil institutions in the enclave, according to a White House statement. To provide strategic oversight, Trump established an executive board that includes intelligence chief Hassan Rashad alongside high-level regional and international figures including Turkiye’s Hakan Fidan and former UK PM Tony Blair.

What global risks are shaping the global economy in 2026 and beyond?

We’re in the “age of competition” as global risks continue to spiral in “scale, interconnectivity and velocity,” according to the World Economic Forum’s latest Global Risks Report (pdf). More global leaders (+14% y-o-y) are anxious about the short-term outlook, but see more stability in the ten years to come.

The methodology: The report features the latest edition of the forum’s global risks perception survey, drawing on insights from more than 1.3k global leaders and experts.

Respondents cited geoeconomic confrontation (18%) as most likely to present a “material crisis on a global scale” this year. State-armed conflict came second on the list (14%), followed by extreme weather events (8%), societal polarization (7%), and misinformation and disinformation (7%). Economic downturn, erosion of human rights, and the adverse outcomes of AI technologies also made the list.

What about Egypt? Local business leaders, responding as part of an executive opinion survey, pointed to inflation as one of the top five risks facing Egypt over the two years to come. Second on the list is an economic downturn, followed by debt (be it public, corporate, or household), the bursting of the asset bubble, and wealth and income inequality.

The way forward: “In part because of the precarious fiscal positions of many leading economies, access to capital and control over capital flows could become a fresh front of geoeconomic confrontation. Governments could turn to more aggressive policies to shape the global monetary system to their advantage,” the report read.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Red Sea Container Terminal I kicks off operations and Rixos is coming to Cairo

Commercial operations officially began at Red Sea Container Terminal I at Ain Sokhna Port on Thursday, marked by the arrival of the vessel CMA CGM Iron from Beirut with 13k containers. The facility — operated by a global consortium of Hong Kong-based Hutchison Ports, France’s CMA CGM, and China’s Cosco Shipping — launched trial operations last month.

What’s next? The USD 1.6 bn investment moves north in 2027, when a second terminal at Dekheila Port in Alexandria comes online, courtesy of a Hutchison Ports-MSC consortium.

Rixos commits to its first project in the capital

Rixos Hotels will take over the management and redevelopment of the Cairo World Trade Center, marking the brand’s first foray into the capital, according to a cabinet statement. The project will include a 176-key hotel and 188 serviced residences, along with retail spaces and lifestyle amenities to be launched through 2027 and 2028.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Covenant-lite terms creep into private credit as competition heats up

Private credit is starting to look a lot more like Wall Street. Direct lenders are increasingly agreeing to “covenant-lite” terms — loans with fewer financial restrictions and tests; once the preserve of leveraged loans — as they compete for large, high-quality borrowers, Bloomberg reports. Safeguards that helped private credit sell itself as safer than banks are quietly being dropped.

This marks a break from the model: Traditional private credit relied on maintenance covenants — regularly tested leverage limits that allowed lenders to step in early when debt rose. This approach has also been safer for their balance sheets — private borrowers are estimated to have a default rate of around 2-3%, lower than for leveraged loans made by banks.

Now, large sponsors with leverage are pushing for looser documentation, and lenders are conceding to secure mandates.

By the numbers: S&P data shows middle-market collateralized loan obligations now allow up to 25% covenant-lite exposure, up from about 16% in 2021 — weakening protections beyond marquee transactions.

Lawyers now expect the trend, which is now appearing regularly in upper-market private credit transactions, to accelerate this year, according to the business news information service.

Not everyone is playing along: Some lenders say they still walk when terms slip too far. “We are not afraid to walk away from [agreements] where we are not comfortable with the documentation,” wrote ICG Managing Director Peter Lockhead. But for now, the direction of travel is clear: to secure agreements, private credit is giving up what once made it different.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

EGX30	43,347	+0.7% (YTD: +3.6%)
USD (CBE)	Buy 47.22	Sell 47.36
USD (CIB)	Buy 47.24	Sell 7.34
Interest rates (CBE)	20.00% deposit	21.00% lending
Tadawul	10,818	-1.2% (YTD: +3.0%)
ADX	10,123	+0.7% (YTD: +1.3%)
DFM	6,316	+0.9% (YTD: +4.5%)
S&P 500	6,940	-0.1% (YTD: +1.4%)
FTSE 100	10,235	0.0% (YTD: +3.1%)
Euro Stoxx 50	6,029	-0.2% (YTD: +4.1%)
Brent crude	USD 64.13	+0.6%
Natural gas (Nymex)	USD 3.10	-0.8%
Gold	USD 4,595	-0.6%
BTC	USD 94,912	-0.5% (YTD: +8.3%)
S&P Egypt Sovereign Bond Index	1,001.73	+0.1% (YTD: +0.9%)
S&P MENA Bond & Sukuk	151.58	-0.2% (YTD: -0.2%)
VIX (Volatility Index)	15.86	+0.1% (YTD: +6.1%)

THE CLOSING BELL-

The EGX30 rose 0.7% at Thursday’s close on turnover of EGP 4.8 bn (11.7% below the 90-day average). Local investors were the sole net sellers. The index is up 3.6% YTD.

In the green: CIB (+3.4%), ADIB (+3.2%), and Eastern Company (+1.9%).

In the red: GB Corp (-4.8%), EFG Holding (-4.0%), and Egypt Aluminum (-3.3%).

CALENDAR

2026

JANUARY

22 January (Thursday): ESBC SEEING webinar, From Zurich to Cairo: How Global Executive Research Shapes Tomorrow’s Leadership.

25 January (Sunday): Revolution Day / Police Day.

FEBRUARY

3 February (Tuesday): S&P Global to release PMI figures for January.

10 February (Tuesday): Capmas expected to release inflation data for January.

10-12 February (Tuesday-Thursday): Gitex Global’s AI Everything Middle East & Africa Summit

12 February (Thursday): Monetary Policy Committee’s first meeting of 2026.

19 February (Thursday): First day of Ramadan (TBC).

MARCH

15 March (Sunday): IMF to hold its seventh review of Egypt’s USD 8 bn EFF arrangement.

21 March: (Saturday): Eid El Fitr starts (TBC).

30 March - 1 April (Monday-Wednesday): Egypt International Energy Conference and Exhibition 2026 (EGYPES)

APRIL

2 April (Thursday): Monetary Policy Committee’s second meeting of 2026.

12 April (Sunday): Coptic Easter.

25 April (Saturday): Sinai Liberation Day.

MAY

1 May (Friday): Labor Day.

21 May (Thursday): Monetary Policy Committee’s third meeting of 2026.

27-29 May (Wednesday-Friday): Eid El Adha (TBC).

JUNE:

30 June (Tuesday): National holiday in observance of June 30 Revolution (TBC).

JULY

9 July (Thursday): Monetary Policy Committee’s fourth meeting of 2026.

23 July (Thursday): National holiday in observance of Revolution Day (TBC).

AUGUST

20 August (Thursday): Monetary Policy Committee’s fifth meeting of 2026.

26 August (Wednesday): National holiday in observance of Prophet Muhammad’s birthday (TBC).

SEPTEMBER

15 September (Tuesday): IMF to hold its eighth review of Egypt’s USD 8 bn EFF arrangement.

24 September (Thursday): Monetary Policy Committee’s sixth meeting of 2026.

27-29 September (Sunday-Tuesday): Global Conference on Population, Health and Human Development.

OCTOBER

6 October (Tuesday): Armed Forces Day.

29 October (Thursday): Monetary Policy Committee’s seventh meeting of 2026.

DECEMBER

17 December (Thursday): Monetary Policy Committee’s eighth meeting of 2026.

EVENTS WITH NO SET DATE

Early 2026: Passenger operations on the New Administrative Capital–Nasr City monorail scheduled to begin.

Early 2026: The government will launch the second package of tax breaks.

1Q 2026: Trial operations for the Ain Sokhna–Sixth of October section of Egypt’s first high-speed rail line scheduled to begin.

1Q 2026: Turkish President Tayyip Erdogan to visit Egypt

May 2026: End of extension for developers on 15% interest rates for land installment payments

2H 2026: Operations at Deli Glass Co’s new USD 70 mn glassware factory kick off.

2027

20 January-7 February: Egypt to host the African Games.

April 2027: Tenth of Ramadan dry port and logistics hub to begin operations.

EVENTS WITH NO SET DATE

2027: Egypt to host EBRD’s annual meetings.

2027: Egypt-EU Summit 2027

End of 2027: Trial operations at the Dabaa nuclear power plant expected to take place.

September 2028: First unit of the Dabaa nuclear power plant begins operations.

Sections

About

Privacy & Support

Get EnterpriseAM daily