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Empower seeks USD 154 mn in funding from banks
Renewable energy company Empower is currently in talks with local and international banks for a USD 154 mn loan to…
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Apicorp signs USD 75 mn Islamic loan agreement with Alfanar for renewable energy projects
The Arab Petroleum Investments Corporation (Apicorp) has signed a five-year Islamic financing facility with Saudi-based Alfanar Company worth USD 75…
Egypt’s gas consumption to increase to 7.3bn bcf/day in FY2010/21
Egypt’s gas consumption will increase to 7.3 bcf/d in FY2020-2021, a source at the Egyptian Natural Gas Holding Company (EGAS)…
Cabinet approves first phase of 1 GW Eni solar plant
Cabinet has approved the first 200 MW phase of Eni’s planned 1 GW solar plant, paving the way for the…
Electricity ministry explores cooperation with Sweden
Deputy Electricity Minister Osama Asran met with Swedish Energy Minister Andres Ygeman to discuss potential cooperation in developing smart grids…
Maridive wins USD 27 mn service contract in Mexico
Maridive Oil Services has won a USD 27 mn services contract for work in Mexico, the company announced in a…
Coverage of national projects wrests control over Egypt’s airwaves
National projects were the topic du jour on the airwaves last night, starring Aswan’s Benban solar complex and new Suez…
Egypt in talks with Chinese companies for solar projects
Military Production Minister Mohamed Al Assar last week visited four Chinese engineering and technology companies which could help construct new…
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