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Category: Egypt
EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt
The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a ... Read More
Egypt mulls plans to increase accommodation capacity of Cairo airport to 30 million passengers per year
The Egyptian Government is planning to expand by two folds the capacity of the Cairo International Airport to 30 million passengers per year, a cabinet ... Read More
Egypt’s national carrier to launch third route to Libya from January 25
Yehia Zakariya, chairman of the Board of Directors of the EgyptAir Holding Company, has confirmed the operation of new direct flights from Cairo to Misrata ... Read More
Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership
Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership's MoU ... Read More
Saudi-led consortium seals deal with Egypt on $1.5bn in 1.1 MW wind project
A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind ... Read More
Russian EVs producer Concordia to set up manufacturing factory in Egypt
Concordia, a Russian manufacturer of electric vehicles (EVs), will set up an EV components manufacturing factory in Egypt as part of deal with real estate ... Read More
Egypt Sovereign Fund unveils plans to establish 2,600 new hotel rooms in downtown Cairo
Ayman Soliman, Chief Executive Officer of the Sovereign Fund of Egypt (SFE) unveiled plans for upgrading downtown Cairo and the Ministries Square, including the establishment ... Read More
Egypt poised to promote yachting tourism
Egypt's Ministry of Transport will hold a Conference on Wednesday January 3 in the New Administrative Capital to explore ways to enhance the establishment of ... Read More
Libya proposes Egypt new commercial crossing border to spur bilateral trade
Libya's General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow ... Read More
Egypt, Iraq, Jordan working on final plan to start operations on 1st-ever Arab Trade Line
Egypt, Iraq, and Jordan are putting the final touches to start operations on the first stage of the Arab Trade Line, the first-ever shipping/logistics line ... Read More