Eight alliances have presented their offers for a tender includes the operation and maintenance of three power …
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Burullus
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Industry & Trade
Siemens unveils major milestone in Egypt megaproject
by Yomna Yasserby Yomna YasserThe first phase of a megaproject in Egypt has been inaugurated Thursday by German Chancellor Angela Merkel …
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Industry & Trade
Sisi, Merkel to inaugurate first phase of Siemens power megaproject today
by Yomna Yasserby Yomna YasserEgyptian President Abdel Fattah al-Sisi and German Chancellor Angela Merkel will inaugurate Thursday the phase of a …
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Industry & Trade
First phase of Siemens’ Egypt power plant project to be inaugurated in Feb
by Yomna Yasserby Yomna YasserThe first phase of German conglomerate Siemens’ project to build three power plants in Egypt will be …
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Industry & Trade
Siemens completes two substations in Egypt’s Beni Suef, Burullus power plants
by Noha Gadby Noha GadGerman conglomerate company Siemens announced Wednesday that it has finished energising two substations in Egypt’s Beni Suef …
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Banks
Deutsche Bank, HSBC and KfW IPEX-Bank fix €3.5bn finance for Egypt power plants
by Yomna Yasserby Yomna YasserDeutsche Bank, HSBC and KfW’s Ipex Bank have arranged €3.5 billion ($4 billion) in financing for state-owned …
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Banks
Emirates NBD signs $225mn loan for two Egyptian power projects
by Yomna Yasserby Yomna YasserEmirates NBD Egypt signed a 2 billion Egyptian pounds ($225.25 million) loan with state-run Egyptian Electricity Holding …
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Industry & Trade
Siemens, ElSewedy, Orascom sign integrity, clean business deal for Egypt power project
by Yomna Yasserby Yomna YasserGerman industrial giant Siemens has signed project-specific compliance agreements with two of its key local partners in …
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Banks
10 banks to sign multi-billion Egyptian pounds loan for power projects today
by Yomna Yasserby Yomna YasserA consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) …
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Banks
Siemens signs financial closure agreement for Egyptian power projects
by Yomna Yasserby Yomna YasserEgyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom Construction, and …
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