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Egypt-Saudi interconnection operational by 2020, not next 2022
“The USD 1.6 bn Egypt-Saudi power grid will be operational in 2020,” head of the studies and design sector at…
Egypt targeting USD 11.2 bn in foreign investments by 2022
Egypt sees foreign direct investment at USD 11.2 bn in 2022, with inflows into renewable energy opportunities contributing c. 12%…
BP to invest USD 1.8 bn in Egypt next year
INVESTMENT WATCH- BP repeats nearly USD 2 bn investment pledge as Egypt budget rises: BP will invest USD 1.8 bn…
300 mcf/d of gas exports from Idku liquefaction plant -sources
-Royal Dutch Shell’s Idku liquefaction plant is reportedly exporting 300 mcf/d of natural gas, compared to 250 mcf/d last month,…
Foreign Minister meets Bahraini PM, King on sidelines of Egyptian-Bahraini committee
Foreign Minister Sameh Shoukry met yesterday with Bahraini Prime Minister Khalifa bin Salman Al Khalifa on the sidelines of a…
China’s Hanergy Thin Film Power to invest USD 450 mn in Egypt in high-end 300 MW photovoltaic project
INVESTMENT WATCH- China’s Hanergy looks to invest USD 450 mn in solar industrial park: China’s Hanergy Thin Film Power Group…
What we’re tracking on 12 November 2018: Dana Rohrabacher, oil production cuts, active fund managers and Saudi miscellany
One of Egypt’s best friends in Congress has lost his re-election bid. Rep. Dana Rohrabacher, the long-serving Republican from California,…
EGPC considering USD 750 mn loan from abroad
The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. EGPC had…
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