{"id":649608,"date":"2017-03-05T04:31:12","date_gmt":"2017-03-05T04:31:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/"},"modified":"2017-03-05T04:31:12","modified_gmt":"2017-03-05T04:31:12","slug":"five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/","title":{"rendered":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants."},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The first phase of the Burullus (pictured above) and New Cairo power stations were inaugurated on Thursday<\/strong> by President Abdel Fattah El Sisi and German Chancellor Angela Merkel. Once complete, the power stations will be the largest gas-fired combined cycle power plants in the world, <a href=\"http:\/\/www.orascom.com\/investor-relations\/press-releases\/2017\/03\/02\/power-plants-formally-inaugurated\/\">Orascom Construction says<\/a>. \u201cOrascom and its consortium partner, Siemens, already connected a total of 2,400 MW to Egypt\u2019s national grid at both power plants, exceeding delivery targets by 20%. Once complete, each power plant will generate a total of 4,800 MW.\u201d<\/p>\n<p>We had a quick talk with Orascom Construction CEO Osama Bishai to ask, for starters, <strong>how do you exceed delivery target by 20% on what are already the world\u2019s two largest power plants?<\/strong><\/p>\n<p><strong>Osama Bishai: <\/strong>The original plan from Siemens was for a staggered target based on the delivery sequence of the equipment: First Beni Suef, then Burullus, then the New Capital. It turns out that the New Capital site is almost ideal in its closeness to Cairo \u2014 and it had none of the onsite challenges of Burullus or Beni Suef. We added an additional 400 MW over the target capacity at the New Capital. Meanwhile, we\u2019re also involved in other power plant projects and are converting 1,500 MW simple cycle plants we delivered in 2015 to combined cycle by adding an additional 750 MW. <strong>We\u2019re also in final negotiations on a 250 MW wind farm with French and Japanese partners<\/strong>.<\/p>\n<p><a href=\"https:\/\/enterprise.press\/2017\/03\/04\/20632\/\"><strong>Tap here to read \u201cFive Questions with Osama Bishai,\u201d<\/strong><\/a><strong> which also covers:<\/strong><\/p>\n<ul type=\"disc\">\n<li>The industries driving Orascom Construction\u2019s Egyptian order book in the next few years;<\/li>\n<li>How Orascom Construction is doing post the float of the EGP;<\/li>\n<li>Why the government should tap the private sector to invest in infrastructure.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The first phase of the Burullus (pictured above) and New Cairo power stations were inaugurated on Thursday by President Abdel Fattah El Sisi and German Chancellor Angela Merkel. Once complete, the power stations will be the largest gas-fired combined cycle power plants in the world, Orascom Construction says. \u201cOrascom and its consortium partner, Siemens, already [&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-649608","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4bdc181e-f20a-4032-90d0-e2ad85e8ccc0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649601],"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>Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world&#039;s two largest power plants. - 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\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world&#039;s two largest power plants.\" \/>\n<meta property=\"og:description\" content=\"The first phase of the Burullus (pictured above) and New Cairo power stations were inaugurated on Thursday by President Abdel Fattah El Sisi and German Chancellor Angela Merkel. Once complete, the power stations will be the largest gas-fired combined cycle power plants in the world, Orascom Construction says. \u201cOrascom and its consortium partner, Siemens, already [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-05T04:31:12+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants.\",\"datePublished\":\"2017-03-05T04:31:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\"},\"wordCount\":304,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\",\"name\":\"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants. - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-05T04:31:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world&#8217;s two largest power plants.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants. - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/","og_locale":"en_US","og_type":"article","og_title":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants.","og_description":"The first phase of the Burullus (pictured above) and New Cairo power stations were inaugurated on Thursday by President Abdel Fattah El Sisi and German Chancellor Angela Merkel. Once complete, the power stations will be the largest gas-fired combined cycle power plants in the world, Orascom Construction says. \u201cOrascom and its consortium partner, Siemens, already [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-03-05T04:31:12+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants.","datePublished":"2017-03-05T04:31:12+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/"},"wordCount":304,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/","name":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants. - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-03-05T04:31:12+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/five-questions-for-osama-bishai-the-orascom-construction-boss-on-what-you-do-after-you-inaugurate-the-worlds-two-largest-power-plants\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world&#8217;s two largest power plants."}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":567980,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/14\/orascom-construction-eyes-infrastructure-investments\/","url_meta":{"origin":649608,"position":0},"title":"Orascom Construction eyes infrastructure investments","author":"enterpriseam admin","date":"14 December 2020","format":false,"excerpt":"Orascom Construction looks to be eyeing recurring revenue as CEO Osama Bishai tells Hapi Journal the company has appetite for investment in water management, desalination, and renewable energy. The company is also considering entering the healthcare sector, but would likely only do so by partnering with a more experienced player,\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/242.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577210,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/14\/the-enterprise-climate-ceo-poll-orascom-constructions-osama-bishai\/","url_meta":{"origin":649608,"position":1},"title":"The Enterprise Climate CEO Poll: Orascom Construction\u2019s Osama Bishai","author":"enterpriseam admin","date":"14 November 2022","format":false,"excerpt":"Enterprise Climate CEO Poll- Osama Bishai, Orascom Construction: As COP27 rolls on, so does the inaugural Climate CEO Poll from Enterprise Climate and EnterpriseAM. In this series of interviews, we discuss key issues with top CEOs including climate finance, regulation, and the move towards a green economy.Osama Bishai (LinkedIn) is\u2026","rel":"","context":"In &quot;CLIMATE CEO POLL&quot;","block_context":{"text":"CLIMATE CEO POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/climate-ceo-poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/218.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":649608,"position":2},"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":[]},{"id":577126,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/make-that-28-gw\/","url_meta":{"origin":649608,"position":3},"title":"Make that 28 GW\u2026","author":"enterpriseam admin","date":"10 November 2022","format":false,"excerpt":"Another wind farm courtesy of OC: Orascom Construction\u2019s (OC) consortium with Engie and Toyota Tsusho has signed up to build a fresh 3-GW wind farm here, just days after breaking ground on their 500 MW wind project in Ras Ghareb, the EGX- and Nasdaq Dubai-listed contractor said in a statement\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/168.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576460,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/orascom-construction-will-take-a-15-take-in-a-new-national-railway-company\/","url_meta":{"origin":649608,"position":4},"title":"Orascom Construction will take a 15% take in a new national railway company","author":"enterpriseam admin","date":"24 November 2020","format":false,"excerpt":"Orascom Construction will take a 15% stake in the newly founded National Company for Railways Industries, CEO Osama Bishai told Al Mal. Samcrete and Hassan Allam will also hold stakes in the new company, along with the Sovereign Fund of Egypt and the SCZone.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573515,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/ebrd-to-provide-long-term-loan-to-egypt-for-large-wind-plant-in-gulf-of-suez\/","url_meta":{"origin":649608,"position":5},"title":"EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind power plant in the Gulf of Suez. The plant, which will be located approximately 40 km northwest of Ras Ghareb, will be one of the largest privately-built wind plants in\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649608","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=649608"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649608\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649601"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649608"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649608"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}