Latest Business News
Expansion of gas production tops state priorities for next period
Egypt currently consumes about 73m tonnes of oil, 33m tonnes of this…
Government presents plans to create competitive investment in Egypt’s electricity market
Smart meters reduced water consumption by 40% and electricity consumption by 26%…
After long delay, Egypt plans to gradually increase electricity prices over five-year period, Mashaly
The cost of production for one kilowatt-hour is currently EGP.79 while the…
Lekela Power to begin construction of Banban plant in October with $90m investments
The company has put forward a competitive tender between five or six…
Kaco New Energy targets investments of $ 500m in Egyptian market during 4 years
Kaco has partnerships with Italian and Chinese companies, in addition to Orascom…
INJAZ expects to implement renewable energy projects in Egypt
The company has invested $13m to generate 13MW in sub Saharan Africa,…
Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson
The bank will focus on the energy and transport sectors in part…
Al-Futtaim real estate plans to sign EGP 1bn in contracts in 2016
The company will not participate in the New Administrative Capital or any…
SWA to finish plan for 500-acre project next month: Palm Hills
Palm Hills plans to apply for new plots of land in West…
Amazon launches rival to YouTube
Already taking on Netflix, Amazon has set its sights on another online…
