{"id":646439,"date":"2017-06-14T03:51:28","date_gmt":"2017-06-14T03:51:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/siemens-looking-to-expand-in-egypt\/"},"modified":"2017-06-14T03:51:28","modified_gmt":"2017-06-14T03:51:28","slug":"siemens-looking-to-expand-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/siemens-looking-to-expand-in-egypt\/","title":{"rendered":"Siemens looking to expand in Egypt"},"content":{"rendered":"<p><strong>Willkommen \u2014 the Germans are coming:<\/strong> Siemens is looking at new opportunities in Egypt, CEO Joe Kaeser told Investment Minister Sahar Nasr and Suez Canal Economic Zone Chairman Mohab Mamish in Berlin, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1147962\">Al Masry Al Youm<\/a>. Siemens is apparently looking at a training center in the SCZone and at rail and maritime transport projects there. Nasr held sit-downs with company officials from Mercedes-Benz, DEA, and Knauf.<\/p>\n<p><strong>Keep your eyes on Giesecke & Devrient and Plasser & Theurer. <\/strong>The CEOs of both companies met separately yesterday with President Abdel Fattah El Sisi, according to a <a href=\"https:\/\/ent.news\/2017\/6\/358.pdf\">statement from Ittihadiya (pdf)<\/a>. The statement is short on details, but if the head of state is meeting one-on-one with CEOs who reassure him that they\u2019re interested in opportunities in Egypt, that\u2019s signal to \u201cwatch this space.\u201d <a href=\"https:\/\/www.gi-de.com\/usa\/en\/index.jsp\">Giesecke & Devrient<\/a> provides securities solutions and smartcard systems (covering everything from banknote paper to national IDs, passports and subsidy cards), while Austria\u2019s <a href=\"https:\/\/www.plassertheurer.com\/en\/iaf2017\/home.html\">Plasser & Theurer<\/a> is a railway track maintenance specialist.<\/p>\n<p>The President also met with the head of the German parliament\u2019s majority bloc <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/06\/President-El-Sisi-Meets-Mr.-Volker-Kauder.pdf\">Volker Kauder<\/a> (pdf) and <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/06\/President-El-Sisi-Meets-the-Bishop-of-the-Coptic-Orthodox-Church-in-Germany.pdf\">Bishop Damian<\/a> (pdf) of the Coptic Orthodox Church in Germany.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Willkommen \u2014 the Germans are coming: Siemens is looking at new opportunities in Egypt, CEO Joe Kaeser told Investment Minister Sahar Nasr and Suez Canal Economic Zone Chairman Mohab Mamish in Berlin, according to Al Masry Al Youm. Siemens is apparently looking at a training center in the SCZone and at rail and maritime transport [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646439","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8aea0083-c169-4749-b22e-e88aa14384c6","order":"0","is_powered_by":true,"section_story_id":"d52cd331-7f2f-413e-9533-4b7ffc51d5bf","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646426],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Siemens looking to expand in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/siemens-looking-to-expand-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Siemens looking to expand in Egypt\" \/>\n<meta property=\"og:description\" content=\"Willkommen \u2014 the Germans are coming: Siemens is looking at new opportunities in Egypt, CEO Joe Kaeser told Investment Minister Sahar Nasr and Suez Canal Economic Zone Chairman Mohab Mamish in Berlin, according to Al Masry Al Youm. 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The company\u2019s offer will see 35% of the train cars\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/26\/govt-talks-railways-renewable-energy-with-siemens-on-second-day-of-ministerial-visit-to-berlin\/","url_meta":{"origin":646439,"position":1},"title":"Gov\u2019t talks railways, renewable energy with Siemens on second day of ministerial visit to Berlin","author":"enterpriseam admin","date":"26 June 2019","format":false,"excerpt":"Gov\u2019t talks railways, renewable energy with Siemens during ministers\u2019 second day in Berlin: Siemens looks like it will be doing significant new business in Egypt. Already a favourite of the Sisi administration after the company\u2019s work to rapidly build-out capacity in Egypt\u2019s electricity generation system during a period of rolling\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/50.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559239,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/high-speed-rail-uber-alles\/","url_meta":{"origin":646439,"position":2},"title":"High-speed rail uber alles","author":"enterpriseam admin","date":"14 January 2021","format":false,"excerpt":"Siemens looks poised to work on a 1,000 km high-speed national electric rail network worth some USD 23 bn. The CEO of the German conglomerate, Joe Kaeser, was in Cairo yesterday for talks with President Abdel Fattah El Sisi on the project, according to an Ittihadiya statement, which says that\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/165.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570174,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/22\/egypt-taps-hsbc-as-financial-advisor-on-siemens-plant-sale\/","url_meta":{"origin":646439,"position":3},"title":"Egypt taps HSBC as financial advisor on Siemens plant sale","author":"enterpriseam admin","date":"22 March 2020","format":false,"excerpt":"Egypt taps HSBC as financial advisor on Siemens plant sale: State-owned Egyptian Electricity Holding has tapped HSBC as the financial advisor on the sale of a 70% stake in the first of three Siemens-built combined-cycle power plants, cabinet said in a statement. Citibank was previously said to have also been\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595035,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/15\/egypts-orascom-germanys-siemens-to-rebuild-iraqs-baiji-power-complex\/","url_meta":{"origin":646439,"position":4},"title":"Egypt\u2019s Orascom, Germany\u2019s Siemens to rebuild Iraq\u2019s Baiji power complex","author":"enterpriseam admin","date":"15 September 2019","format":false,"excerpt":"OC-Siemens consortium to rebuild 1.6 GW power plant complex in Iraq\u2019s Baiji: A consortium comprising Orascom Construction (OC) and Siemens has signed an agreement with the Iraqi government to rebuild two gas-powered energy plants in the war-torn city of Baiji, north of Baghdad, OC said in a press release (pdf).\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2682.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628678,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/oc-achieves-power-to-grid-connection-for-first-of-the-siemens-power-plants\/","url_meta":{"origin":646439,"position":5},"title":"OC achieves power-to-grid connection for first of the Siemens power plants","author":"enterpriseam admin","date":"10 May 2018","format":false,"excerpt":"OC achieves power-to-grid connection for first of the Siemens power plants: Orascom Construction (OC) has completed power-to-grid on all modules of the 4.8 MW Burullus combined cycle power plant \u2014 the first of the three Siemens power plants to reach this stage, the company announced in a statement on Wednesday\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2290.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=646439"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646439\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646426"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646439"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646439"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}