EETC, Chinese consortium contract on EGP 303m worth Madinaty 2 transformer substation
EETC Chairperson Sabah Mashaly said the contract covers the transformer’s construction, with equipment of 220/66 kV of the gas-insulated type, which will operate under the Cairo Electricity Distribution Company.
APICORP anticipates $792bn investments in MENA energy over 5 years
Egypt implements petrochemical projects worth $38bn in 2020-2024
Electricity Ministry negotiates local bank loan to finance EGP 20bn grid support projects
No alternative to rising electricity prices, despite reduced consumption and collection during COVID-19
Cement companies report mixed results for 1Q 2020
Ongoing pandemic, temporary suspension of building permits have affected demand for cement across Egypt
ITIDA receives information security ISO certificate
Certification provides methodology for building integrated information security system that achieves highest security standards
Three Indian soldiers killed in clash on Chinese border: Indian army
Indian government sources said that a physical fight had broken out between the two sides, with soldiers using batons and throwing stones.
FPI exit from Egypt’s T-Bills slows significantly to $2.4bn in April
FPIs recorded EGP 111bn ($7.0bn) as of April, down EGP 37.8bn ($2.4bn) month-on-month (m-o-m). The rate of the monthly decline, however, was significantly lower versus the $10.3bn in outflows witnessed…
Oriental Weavers expects improved 3Q financial results after export improvement
The company's performance is expected to improve with the support of pent-up demand from postponed weddings and national projects. It will be further supported by the launch of higher-quality products…
Jumia introduces interest-free instalment plans marking 8th anniversary
E-commerce sector grew by 80% due to coronavirus pandemic
