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Elsewedy eyes stake in Egypt’s combined-cycle power plants, other Tharaa investments
Elsewedy eyes stake in Egypt’s combined-cycle power plants, Naguib looking at other potential investments through Tharaa: Elsewedy Electric is looking…
EETC awards three contracts for overhead Benban-Toshka transmission line
The Egyptian Electricity Transmission Company (EETC) has signed three contracts for the implementation of 500 kV Benban 3-Toshka 2 transmission…
CBE greenlights establishment of USD 600 mn export credit risk guarantee company
CBE greenlights establishment of USD 600 mn export credit risk guarantee company: The Central Bank of Egypt (CBE) has approved…
Egypt’s Tharaa establishes a USD 20 bn investment platform with Abu Dhabi Holding Company
Tharaa, Egypt’s sovereign wealth fund, to establish a USD 20 bn investment platform with Abu Dhabi Holding Company: Egypt and…
Actis, Engie, Datang in the running to acquire stake in Egypt’s combined-cycle power plants
Actis, Engie, Datang in the running to acquire stake in Egypt’s combined-cycle power plants: Actis, France’s Engie, and China Datang…
Eight local, international companies bid for new capital solar tender
Eight local and international companies have submitted bids for a tender to install solar panels on 64 buildings in the…
Zarou is Egypt’s top contender for stake in Siemens power plants
Zarou is the top contender for stake in Siemens power plants: Blackstone Group’s Zarou is reportedly the frontrunner out of…
Earnings watch: Elsewedy Electric, Oriental Weavers, Domty
EARNINGS WATCH- Elsewedy Electric’s net profit dropped 22.2% to EGP 2.7 bn in 9M2019, down from EGP 3.5 bn during…
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