May 24, 2022

ABD establishes two factories to convert waste into energy to produce 123 MW/hr

Mohamed Hillel, Chairperson of the Egyptian Arab British Company for Dynamic Industries (ABD) said that the company established two giant factories......

May 17, 2022

Taqa Arabia acquires Rosetta Energy’s LNG unit

ArabFinance: Taqa Arabia, a subsidiary of Qalaa Holdings (CCAP), has acquired the liquified natural gas (LNG) unit of Rosetta Energy, according to......

May 17, 2022

Elsewedy Electric launches busway system facility

ArabFinance: Elsewedy Electric (SWDY) has launched a busway dielectric epoxy insulation system facility, deeming it the first of its kind in Africa,......

May 11, 2022

14 entities participate in project to build capacity of geothermal energy in Egypt

Fourteen Egyptian and international entities are participating in a project to build the capacity of geothermal energy in Egypt, which aims to implement......

May 6, 2022

Wartsila wins Egyptian power plant contract

Finnish company Wartsila has won a contract to deliver power generation equipment to upgrade an existing power plant in Egypt, according to a Meed......

May 5, 2022

Egypt to store carbon dioxide in cooperation with Italian Eni

CAIRO - Tarek El Molla Egypt's Minister of Petroleum & Mineral Resources Tarek El Molla announced a project to capture and store carbon dioxide......

May 4, 2022

EBRD invests $100m in Egyptian solar power green bond

The European Bank for Reconstruction and Development (EBRD) is investing up to US$ 100 million in a certified green bond issuance of US$ 334.5 million,......

April 27, 2022

Extracted Oils turns to profitability in 9 months

ArabFinance: Extracted Oils and Derivatives Company (ZEOT) has turned to profitability during the first nine months of fiscal year (FY) 2021/2022,......

April 21, 2022

Suez Canal Economic Zone signs $3bn green energy deal

Egypt has signed an agreement worth $3 billion to produce up to 350,000 tonnes of green fuel annually for ships passing through the Suez Canal, the......

April 19, 2022

WB looks forward to increasing partnership with Egypt in electricity, renewable energy

Minister of Electricity and Renewable Energy Mohamed Shaker met with officials of a World Bank (WB) delegation to start a new phase of cooperation......