Tag: Egypt

Egypt’s DISOUCO JV sets benchmark in emission reduction with zero routine flaring

businessnewstoday- August 1, 2023

Wintershall Dea, in collaboration with its partner, the Egyptian Natural Gas Holding Company (EGAS), has reached a historic milestone by achieving zero routine flaring at ... Read More

Centamin, Egyptian Ministry of Petroleum set to bolster mining sector with new agreement

businessnewstoday- July 23, 2023

In a significant development for the mining industry in Egypt, Centamin has announced that the Model Mining Exploitation Agreement (MMEA) framework has been agreed in ... Read More

Hutchison Ports to expand network with $700m investment in Egyptian projects

Raghuram Kadari- March 17, 2023

Hutchison Ports, a Hong Kong-based logistics company, will invest approximately $700 million in two new terminal facilities in Egypt. The new investment takes the port ... Read More

Stena Drilling bags contract from Shell for Stena Forth drilling unit in Egypt

businessnewstoday- January 18, 2023

Stena Drilling has won a new contract in Egypt with Shell’s subsidiaries BG Delta Limited and BG International for the Stena Forth mobile offshore drilling ... Read More

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

pallavi123- 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

pallavi123- 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