Deutsche Bank, HSBC and KfW’s Ipex Bank have arranged €3.5 billion ($4 billion) in financing for state-owned …
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Egyptian Electricity Holding Company
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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 inks long-term service deal for existing power stations in Egypt
by Yomna Yasserby Yomna YasserGerman industrial giant Siemens has extended a long-term contract to provide service and maintenance, as well as …
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Industry & Trade
Egyptian Electricity Holding allocates $488m for distribution networks in 2016
by Noha Gadby Noha GadEgyptian Electricity Holding Company dedicated 3.82 billion Egyptian pounds (US$487.9 million) to lay distribution lines, transformers, and …
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Egypt signed Sunday $600 million agreement with the European Investment Bank (EIB) for the 1,800 MW high-efficiency …
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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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Banks
Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects
by Yomna Yasserby Yomna YasserEgypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production undertakings …
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Egypt and the European Bank for Reconstruction and Development (EBRD) have signed Tuesday a US$200 million loan …
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Banks
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds (US$1.26 …
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Banks
Finance ministry passes $378mn supporting loan to support power sector
by Noha Gadby Noha GadMinister of Finance Hani Qadri Demian approved granting a supporting loan worth 8 billion pounds (US$378 million) …