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Elsewedy Electric signs agreement with ABB to power the Toshka II substation
Elsewedy Electric has signed an agreement with Swiss-Swedish power company ABB Group to help it expand the Toshka 2 substation,…
Global stocks see second-consecutive day of gains on bailout hopes
Global stocks see second-consecutive day of gains on bailout hopes: Global equity markets continued Tuesday’s rally yesterday on hopes that…
Your top 5 infrastructure news of the week:
Your top 5 infrastructure stories of the week: Gas prices: The government lowered the price of natural gas for industry…
Maridive in talks with creditors as it struggles with covid-19, plunging oil prices
Maridive is in talks with creditors as it struggles with covid-19, plunging oil prices: EGX-listed Maridive & Oil Services is…
What we’re tracking on 23 March 2020
Egypt now has 327 confirmed cases of covid-19 after 33 new cases, all Egyptians, were reported yesterday by the Health…
SDX begins drilling Sobhi well in Egypt’s South Disouq
SDX Energy has started drilling its Sobhi well in the South Disouq concession, which is expected to reach 2.3k meters…
Egypt taps HSBC as financial advisor on Siemens plant sale
Egypt taps HSBC as financial advisor on Siemens plant sale: State-owned Egyptian Electricity Holding has tapped HSBC as the financial…
Acwa Power to power desalination plants with solar energy
Acwa Power will power its planned desalination plants in Egypt via a series of solar facilities, Country Director Hassan Amin…
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