Egypt

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Saudi’ ACWA Power in $3bn Egyptian electricity investment
Saudi Arabia's power and water desalination developer and Egypt's Hassan Allam Holding Company are joining hands on the construction of a 2.3-megawatt power plant in Luxor
El Sewedy Electric signs $557mn deal to build industrial city in Egypt
As per the deal, the Egyptian cable maker will construct an industrial city on the sprawling 10-km land and market it at an international and domestic level in a bid to attract foreign and domestic investments to Egypt, said a statement from Elsewedy Electric
Kuwait provides $131mn to fund desalination project in Egypt
The construction of Bahr Al Baqar Water Drainage Systems Project aims at meeting expected demand for agricultural water, contribute to environmentally protection of Lake Al Manzala and creation of about 100 thousand of new jobs, said a statement from KFAED
Pioneers Holding to acquire Electro Cable Egypt
Pioneers Holding, which operates financial services and other businesses, owns 48.5 percent of Electro Cable Egypt, one of the oldest cable companies in the Middle East
Voltalia starts construction on 32MW solar plant in Egypt
The project will benefit from a 25-year power sales contract with the state-owned Egyptian Electricity Transmission Company ("EETC"), which will come into effect starting from the commissioning of the plant, scheduled for H2 2019
ACWA Power signs PPA for a 2300 MW gas-fired combined cycle plant
The project, which is located in Luxor, will have a capacity to generate 2,300 MW and have an investment value of about $2.3bn
Egypt Could Meet More than 50% of its Electricity Demand with Renewable Energy
IRENA’s new ‘Egypt Renewable Energy Outlook’ report shows renewables could present cost savings of $900mn annually
GE Power to supply 4 nuclear turbine islands for Egypt’s first nuclear plant
GE Power’s technology will support Egypt’s energy plan to diversify and secure its energy supply and be a stable, reliable source of electricity for its growing demand
ABB digital technology to enhance Egypt’s power grid
ABB Ability™-based technology will enhance reliability of power network in growing Suez Canal region
Siemens to operate three mega power plants in Egypt
Siemens will provide comprehensive operation and maintenance services (O&M) for the Beni Suef, New Capital and Burullus power plants, for the next eight years

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