Latest in Tag: electricity Highlight
Latest in Tag: electricity
Yasser Ali: “Electricity problems will be over soon”
Egypt has been plunged into darkness fairly often in past weeks, with some areas having regular power cuts every three or four hours.
Nationwide blackout in Lebanon threatened
Blackout threatened as power cuts continue in Lebanon
Power cuts and strikes plague Hurghada tourism
In the resort city power cuts are exacerbated by airport police officers and security guard strikes
National Bank for Development aids the completion of new electricity plant
The National Bank for Development (NBD) called on banks holding Islamic licenses to participate in granting an Islamic loan of $120 million to the East Delta Electricity Production Company (EDEPC). Some of the banks expected to participate in the loan include Alwatany Bank of Egypt, the Egyptian Gulf Bank and United Bank. The loan’s period …
“We Are Not Paying” campaign grows
The campaign protests garbage and electricity bills during widespread shortages and piling garbage
Ministry of Electricity finalises contracts for new power station in Banha
By Salah El-Monoufy The Yokogawa Company won a supply and installation contract for information control and transfer systems for the Banha electricity project worth EGP 10 million. A coalition of Japanese companies including Hitachi and Toyota won a supply and installation contract for mechanical systems for the project same projectworth EGP 165.5million. An Italian company, …
Banks lend more attention to financing the private sector
The significant reduction in bank loans to the petroleum and electricity sectors has opened up the chance for other economic sectors in need of financing.
Socialist Popular Alliance Party wants transparency for electrical outages
The group is calling for boycotts against garbage and electricity bills
Power cuts deliver massive blow to industires
By Inaam Eladawy and Nihal Mounir The electricity crisis which had previously been affecting just homes has begun to impact upon businesses and factories as well. Factories have tried to overcome such crises by relying on generators while shops, especially those working in the food sector, have experienced losses as a result of damaged goods. …
€50m French loan to expand electricity grid
By Islam Zayed The French Ambassador to Egypt, Nicolas Galey, and Pierre Marcelli, director of the French Development Agency (FDA)’s office in Cairo, signed an agreement to provide a €50m soft loan to the Egyptian government. The loan will be provided in cooperation with the World Bank, the European Investment Bank, and the German …