Tag: Egypt

El-Dabaa nuclear power plant : Egypt begins construction phase for Unit 2

Raghuram Kadari- November 24, 2022

Egypt has commenced the main construction phase for Unit 2 of the 4.8GW El-Dabaa nuclear power plant following the approval of Egyptian Nuclear and Radiological ... Read More

MoU signed for 10GW wind project in Egypt by Masdar at COP27

Raghuram Kadari- November 10, 2022

Masdar, Infinity Power, and Hassan Allam Utilities, which is the investment and development arm of Hassan Allam Holding, will construct a 10GW wind project in ... Read More

Agthia Group to acquire 60% stake in Egyptian snacking firm Auf Group

- July 16, 2022

Agthia Group, an Abu Dhabi-based food and beverage company, revealed plans to acquire a stake of 60% in Auf Group, an Egyptian specialized healthy snacks ... Read More

Papyrus Australia unveils 100% banana food packaging products

businessnewstoday- January 8, 2022

Papyrus Australia, an agricultural waste fibre technology company, said that its leased moulded fibre packaging facility in Egypt has produced 100% banana fibre clam shell ... Read More

Alstom bags €876m contract from Egypt’s NAT for Cairo Line 1 upgrades

- November 9, 2021

French rolling stock manufacturer Alstom has bagged a contract worth €876 million for the upgrade of Cairo Metro Line 1 from Egypt’s National Authority for ... Read More

Clinical AI technology company Mendel secures $18m in Series A funding

Soujanya- June 22, 2021

Mendel, a California-based clinical AI technology company, has secured $18 million in a Series A funding round led by global venture capital firm DCM. The ... Read More

Bank Audi sal to sell Egyptian subsidiary to First Abu Dhabi Bank

Soujanya- January 21, 2021

Lebanon-based Bank Audi sal has agreed to divest its Egyptian subsidiary - Bank Audi sae to UAE-based First Abu Dhabi Bank (FAB) for an undisclosed ... Read More

Gulf of Suez 1 wind project : Vestas bags contract from NREA

Soujanya- October 1, 2020

Vestas has bagged an engineering, procurement and construction (EPC) contract and turbine supply order for the 252MW Gulf of Suez 1 wind project in Gulf ... Read More

Eni, BP make new gas discovery in Great Nooros Area in Egyptian waters

oilandgasnews365- September 18, 2020

Italian oil and gas giant and BP have made a new gas discovery in the Great Nooros Area in the Mediterranean Sea in Egypt through ... Read More

North West El Amal block : Neptune Energy completes OBN multiclient survey

oilandgasnews365- May 10, 2020

Neptune Energy has wrapped up an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block in Egyptian waters, which it says ... Read More