Tag Archives: EGYPT

Siemens Highlights 125 Years of Innovation and Infrastructure Development in Egypt

(IN BRIEF) Siemens celebrated 125 years of partnership with Egypt in Cairo on 8 February 2026, reaffirming its role as a key contributor to the country’s infrastructure, energy, and digital transformation. The company highlighted its involvement in landmark projects such … Read the full press release

Enea and Digis Squared strengthen global partnership with major Tier-1 operator deployment in the Middle East and North Africa

(IN BRIEF) Enea and Digis Squared have achieved a major milestone in their global partnership by delivering an integrated traffic management and deep packet inspection solution for a Tier-1 mobile network operator in the Middle East and North Africa. Leveraging … Read the full press release

Strengthened partnership between Thales and AIO supports Egypt’s drive for technological sovereignty and regional leadership

(IN BRIEF) Thales and Arab International Optronics have expanded their long-standing partnership to support Egypt’s efforts to strengthen technological self-reliance and industrial capability in defence and advanced systems. The reinforced cooperation spans six key areas, including the launch of a … Read the full press release

EBRD and Egypt launch €10 million facility to advance sustainable PPP infrastructure projects

(IN BRIEF) The EBRD, in collaboration with Egypt’s Ministry of Finance and supported by the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility to accelerate the development of bankable public-private partnership … Read the full press release

Nokia Powers Medusa Submarine Cable to Link Europe and North Africa with High-Capacity Digital Connectivity

(IN BRIEF) Nokia has been chosen to provide the technology for the Medusa Submarine Cable System, a next-generation open-access fiber-optic network developed by AFR-IX Telecom that connects North Africa and Europe. The system, which spans the Atlantic, Mediterranean, and Red … Read the full press release

EBRD Funds US$ 30 Million Solar and Storage Project in Egypt to Enhance Clean Energy Infrastructure

(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release

BP Provides Q1 2025 Guidance Amid Mixed Upstream Performance and Shifting Trading Conditions

(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release

TotalEnergies and ENI Secure Key Agreement for Cyprus Offshore Gas Development

(IN BRIEF) In a major move for energy cooperation, TotalEnergies and ENI have signed a Host Government Agreement (HGA) with Egypt and Cyprus, paving the way for the development of the Cronos gas field in Cyprus offshore Block 6. The … Read the full press release

ABL Partners with EHCAAN to Accelerate Decarbonization in Egypt’s Aviation Industry

(IN BRIEF) ABL, a global energy and marine consultancy, has partnered with the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) to advance carbon reduction efforts within Egypt’s aviation industry. The MoU, signed on February 3, 2025, focuses on … Read the full press release

University of Exeter and Ain Shams University Launch First Russell Group Branch Campus in Africa

(IN BRIEF) The University of Exeter has formed a transformative partnership with Ain Shams University in Cairo to establish the first-ever Russell Group branch campus in Africa. This collaboration will offer globally accredited programs, including undergraduate and postgraduate degrees, and … Read the full press release

GEA Powers World’s Largest Wastewater Treatment Facility in Egypt with Energy-Efficient Decanter Technology

(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release

Bilfinger Tapped to Lead Construction of Key Fertilizer Plant, Powering Egypt’s Chemical Growth

(IN BRIEF) Bilfinger has been awarded a significant Project Management and Consultancy contract by Egyptian Chemical Industries (KIMA) to manage the construction of a new chemical and fertilizer plant in Aswan, Egypt. The facility will produce 600 tons of nitric … Read the full press release

EBRD and GCF Partner with Crédit Agricole Egypt to Boost Small Businesses and Green Investments with $20 Million Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing a $20 million loan to Crédit Agricole Egypt to support small businesses and green investments. This loan includes $3 million of concessional … Read the full press release

Scatec ASA and Partners Forge Renewable Ammonia Pact with Yara Clean Ammonia for Egypt

(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release

EIB Commits $350 Million to Boost Private Sector Growth in North Africa

(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release

EBRD, Meridiam, and Hassan Allam Utilities Join Forces to Propel Egypt’s Renewable Energy Agenda

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Meridiam and Hassan Allam Utilities (HAU) to establish HAU Energy BV, a platform aimed at investing in renewable energy projects primarily in Egypt and potentially across Africa. This … Read the full press release

Global Warming Amplifies Risks: UEA-Led Study Warns of Heightened Climate Threats to Developing Countries

(IN BRIEF) A research program led by the University of East Anglia (UEA) has quantified how climate change risks increase at a national scale with rising global temperatures. Focusing on six countries including Brazil, China, Egypt, Ethiopia, Ghana, and India, … Read the full press release

EBRD and Banque du Caire Partner to Empower MSMEs and Women Entrepreneurs in Egypt with US$50 Million Financing Package

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a financing package of US$50 million (€46 million) for Banque du Caire (BDC), a prominent Egyptian bank, aimed at bolstering support for micro, small, and medium-sized enterprises (MSMEs) … Read the full press release

Swiss Banks Boost Financing to Egypt’s Textile Modernization Program to EUR 375 Million

(IN BRIEF) Credit Suisse AG, UBS Switzerland AG, and other Swiss banks have collectively increased their financing commitment to the Cotton, Spinning, Weaving & Garment Holding Co in Cairo, Egypt, to EUR 375 million as part of the country’s textile … Read the full press release

International Consortium Invests $455 Million in Damietta Port’s Container Terminal Expansion in Egypt

(IN BRIEF) An international consortium of institutions is lending vital support to the development of a second container terminal at Damietta Port in Egypt, a project set to triple the port’s container capacity and enhance its competitiveness. The project is … Read the full press release