Latest in Tag: Siemens Highlight

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Latest in Tag: Siemens


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Trade, Industry Minister discusses executive plan with Siemens delegation

Egyptian Minister of Trade and Industry, Amr Nassar, met Siemens delegates headed by Emad Ghaly, CEO of Siemens Egypt, to follow-up on the implementation of memorandum of understanding (MoU) signed by ministries of industry and trade, education, and technical education and training with the Siemens Company. This is in order to improve the competitiveness of …

Daily News Egypt

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Siemens and GE sign deals to provide electricity to Iraq

German industrial giant Siemens has signed an informal deal to supply electricity to Iraq. There was a similar deal for US competitor General Electric, reportedly after intervention from the White House.Siemens and the Iraqi government said on Sunday that they had signed a memorandum of understanding on plans to supply electricity to the country. The …

Deutsche Welle

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Siemens closes power and gas sites to curb costs

German engineering giant Siemens has said it would need to shut down its power and gas sites worldwide for a whole week soon as it aims to bring down rising costs amid an “unprecedented market downswing.”German industry heavyweight Siemens announced Monday it would close its power and gas sites around the globe for a week. …

Deutsche Welle

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Siemens announces $120m grant to support education in Egypt

The German conglomerate Siemens announced that it will be offering the largest grant of its kind to support education in Egypt. The grant is estimated to be worth $120m and includes a package of the most modern digital industrial software. The grant aims to support training, higher education, and scientific research at the Faculties of …

Daily News Egypt

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Siemens’ Healthineers starts flotation of minority stake

Prior to a planned IPO, German engineering giant Siemens is offering investors a minority stake in its medical imaging business Healthineers. The IPO itself is likely to become Germany’s biggest listing since 1996.German engineering group Siemens announced Monday it was planning to list a significant minority stake of its medical imaging and diagnostics business Healthineers …

Deutsche Welle

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EEHC pasys Siemens €4.8bn

The Egyptian Electricity Holding Company (EEHC) has paid €4.8bn to Siemens for its work at the Beni Suef, Bruluss, and New Administrative Capital power plants. An official at EEHC said that Siemens provided bills and they were approved and disbursed. He noted that EEHC will not postpone payments so that the company can complete the …

Mohamed Farag