EGYPT’s ARMY ENGINEERING AUTHORITY GETS FUND FOR DESALINATION PLANT

Posted on April 15, 2019 by Gambeta News

SCZone to issue EGP 1.3bn as cost for establishing a seawater desalination plant. Egypt’s engineering authority of the Army forces has receive fund for its desalination plants. The funds which is worth EGP 1.3bn is from Suez Canal Economic Zone (SCZone). It will be use as part of the cost for establishing a seawater desalination plant in the southern area. Vice President of SCZone, Mohamed Shaaban said ”The desalination plant has a production capacity of 100,000 cubic…

EGYPT HOUSING MINISTRY SET TO ESTABLISH 1.1M RESIDENTIAL UNIT

Posted on April 11, 2019 by Gambeta News

Ministry of Housing considering establishing a 1.1m residential unit by implementing the sustainability concepts in Egypt. Ministry of Housing in Egypt is making plans to build 1.1million residential unit over the next five years. This is after the newly established urban communities became one of the engines of economic growth in Egypt. The Ministry is only waiting for the recommendation form the LafargeHolcim Forum. This forum which is in its 6th year was focus on “Re-materializing construction” in…

EGYPT GOVERNMENT PLANS TO BORROW EGP 478.5BN TO FILL BUDGET DEFICIT

Posted on April 1, 2019 by Gambeta News

Egypt Government making plans to borrow fund to fill budget deficit. Egypt Government is planning to borrow EGP 478.5bn from the local market to fill their budget deficit. This fund will be use in the second quarter as the Finance Ministry plans to launch Treasury bill (T-Bill) and bond (T-Bonds). According to the plans, the Finance Ministry reveals that the government will issues T-Bills worth EGP 456.75bn and T-bonds for EGP 21.75bn. Meanwhile, Central Bank of Egypt…

SERVICE ENGINEER VACANCY AT ABB, EGYPT

Posted on March 26, 2019 by Gambeta News

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in power grids, electrification products, industrial automation and robotics and motion, serving customers in utilities, industry and transport & infrastructure globally. JOB DESCRIPTION Service Engineer Role Be a part of the Robotics and Motion Division and Division Function Service Business Unit based in Cairo, Egypt. Be responsible to ensure the projects and service portfolio is delivered according to ABB standard process and guidelines to satisfy…

EGYPT NEGOTIATING DEAL TO ESTABLISH TWO WATER TREATMENT PLANT

Posted on March 25, 2019 by Gambeta News

Egypt government in talks with Hassam Allam Holding to build two water treatment plant worth EGP 2bn. Egypt is negotiating a deal with Hassam Allam Holding to build two water treatment plant. This water treatment plant will help improve the utility of drinking water and sewage according to Egypt’s 2030 vision. The studies for the project is being prepared and the final tariff for selling the water produced is being decided in other present it to…

SALE SPECIALIST VACANCY AT GE ELECTRIC, EGYPT

Posted on March 21, 2019March 21, 2019 by Gambeta News

GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. JOB DESCRIPTION Sale Specialist will be trained by a an experienced Sales Account Manager to acquire the skills to grow as a Sales professional. It is…

MIIC IN TALKS WITH FINANCIAL INSTITUTION TO RAISE FUNDS IN EGYPT

Posted on March 18, 2019 by Gambeta News

MIIC held talks with Ministry of Transport to discuss ways of raising fund from financial institutions. Egypt Ministry of Investment and International cooperation (MIIC) are negotiating with several financial institutions to raise funds. This funds which is worth US$2bn will be use for transportation project in the nation. The announcement was made after the MIIC boss held a meeting with the Ministry of Transportation, Kamel EL-Wazir yesterday. During the meeting, MIIC will coordinate with the transportation…

EGYPT PRESIDENT APPOINTS ARMY GENERAL AS NEW MINISTER OF TRANSPORTATION

Posted on March 11, 2019 by Gambeta News

President Al-Sisi appoints military general as new Minister of Transportation after deadly Cairo Railway Station accident. Egypt President Abdel Fattah Al-Sisi has appointed Major General Kamel Al-Wazir as Minister of Transportation. This is after the deadly Cairo Railway Station accident that claimed 22 lives with 40 injured people. The appointment also see the promotion of Kamel Al-Wazir from Major General to Lieutenant General. The aim is to make the armed forces as well as other state institutions to cooperate in order to develop…

EGYPT TO STRENGTHEN COORDINATION WITH KENYA

Posted on March 6, 2019March 6, 2019 by Gambeta News

Egypt and Kenya to strengthen coordination after talk held between both nations. Egypt’s President Abdel-Fattah Al-Sisi held talks with Delegates from Kenya over relationship coordination. The Kenyan delegates led by Foreign Affairs Cabinet Secretary, Monica Juma talked about promoting relations between the two countries. Monica Juma during the meeting praised the success of the last AU summit in Addis Ababa as Egypt’s President led the leadership of the union. Meanwhile, the meeting tackled other regional issues, including the latest developments…

JICA NEGOTIATING DEAL WITH ELECTRICITY MINISTRY TO LAUNCH NEW PROGRAM IN EGYPT

Posted on March 4, 2019March 5, 2019 by Gambeta News

JICA is in talks with Egypt Ministry of Electricity to launch two new programmes. Energy is an important aspect when it comes to infrastructural development. This is why the Japan International Cooperation Agency JICA is in talks with Egypt Electricity Ministry to launch two programs. The talks were announced by JICA representative to Egypt’s Yoshifum Omura during a seminar last week. Meanwhile, the aim of the seminar is to promote energy efficiency and conservation in…

EGYPT INCREASE ELECTRICITY SUPPLY TO JORDAN

Posted on February 28, 2019March 1, 2019 by Gambeta News

Egypt increase gas supply to Jordan for electricity generation to 350m cubic feet per day. Egypt has increased its gas supply to Jordan to help generate more electricity. The daily supply to Jordan have been increased from the normal 100 m cubic feet per day to 350 m cubic feet per day. According to the Egyptian Minister for Petroleum, Tarek El Molla, Egypt exports changeable amounts of natural gas to Jordan. He also said it is based…

EGYPT AND DENMARK TO EXPAND ENERGY SECTOR WITH NEW PARTNERSHIP

Posted on February 28, 2019March 1, 2019 by Gambeta News

Egypt to benefit from Denmark’s Strategic Sector Cooperation programme to grow the energy sector. Egypt and Denmark is planning a new Strategic Sector Cooperation programme (SSC) in Egypt. This is coming after Denmark announced the appointment of an energy adviser to work with their Danish Energy Agency (DEA). The new adviser Tomas Anker Christensen has a good experience in developing and financing of energy renewable projects. He will also liaise directly with the Egyptian Stakeholders…

CHINA GCL GROUP NEGOTIATING DEAL TO ESTABLISH A SOLAR PANEL COMPLEX IN EGYPT

Posted on February 25, 2019February 25, 2019 by Gambeta News

China GCL making plans to construct Solar Panel complex in Egypt. China Golden Concord Holding Limited (GCL) Group is negotiating a deal to construct a solar panel complex in Egypt. This complex negotiation with the Ministry of Military Production has been ongoing for two month now. The group has also agreed deals with several banks for funding the project. But GCL who are seeking for a longterm investment plans to announce the financial plans in…

EGYPT DISCUSSES TRANSPORT REGULATORY AUTHORITY DRAFT LAW

Posted on February 20, 2019February 20, 2019 by Gambeta News

Egypt government discuss laws for boosting the country’s infrastructure in the transport sector. Egypt’s Parliament and the ministry of transport has discussed the Transport Regulatory Authority draft Law before submitting to the President. The discussion took place at the Egypt’s Transport Sector: “Embracing the Future” conference. The conference is organised by the American Chamber of Commerce in Egypt (AmCham). It aims at making industry stakeholders know the plans for the transport sector. Speaking during the conference, Egypt’s…

SIEMENS COMPLETES TOSHKA ELECTRICAL SUBSTATION IN EGYPT

Posted on February 19, 2019February 19, 2019 by Gambeta News

Siemens completes Toshka Electricity substation that will dispatch around 4000 MW of electricity in Egypt. Siemens has completed the construction of the new Toshka Electrical Substation in Egypt. The new 220kv Air-Insulated Substation (AIS) will dispatch around 4000MW of electricity to secure reliable power transmission. It will also help to reduce the loss of transferred power. The Substation will play a vital role in the Egypt-Sudan electric interconnection project as it is just near the border of both…

EGYPT’s OPEN ECONOMY RESULTS IN MORE GERMAN PARTNERSHIP

Posted on February 18, 2019February 18, 2019 by Gambeta News

Germany and Egypt to partner more because of Egypt’s open economy and policies. Egypt’s open economy progress is commendable says Germany. This is according to Thomas Bareiß; German’s parliamentary state secretary at the Federal Ministry for Economic Affairs and Energy @ BMWi bund. To further strengthen mutual links between Egypt and German, a high level German economic delegation visited Egypt this February. The delegates included 120 officials plus Thomas Bareiß. They met with Egypt’s Prime minister Mostafa Madbouly and President…

CHINESE EXIM BANK TO OFFER EGYPT US$3bn FOR ITS DEVELOPMENT

Posted on February 14, 2019February 14, 2019 by Gambeta News

Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development. Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future. The fund will include a facilitated loan of US$1.2bn for the implementation of Egypt’s first electric train. With over US$1bn for the Hamrawein coal plant and the rest for several…

EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS

Posted on February 13, 2019February 13, 2019 by Gambeta News

Minister of Petroleum Announces winners of Both EGAS and EGPC oil and gas exploration tenders in Egypt. Egypt’s Petroleum Minister has announced the result of the oil and gas exploration tenders. These oil and gas exploration tenders were for digging the Egyptian Natural Gas Holding Company (EGAS) and The Egyptian General Petroleum Corporation (EGPC) wells. The total limit of private investment owned by EGAS is worth US$600m while that of EGPC is US$164m. Including grants, the…

WORLD’S LARGEST SOLAR PARK TO BE UNVEILED IN EGYPT

Posted on January 24, 2019January 24, 2019 by Gambeta News

Egypt to unveil world’s largest solar park/farm this year. By mid this year 2019, Egypt expects to unveil its Benban solar park; which covers a 37.2 km2 (14.4 sq mi) area and will produce more than 4TWh of power once fully operational. The park consists of 41 power plants/stations and about six(6) million solar panels. When completed, the Benban park will be the world’s largest solar park or farm. It is worthy to note that the world’s first solar thermal…

GLOBAL PROCUREMENT BUYER- CORRUGATED AT PEPSICO, EGYPT

Posted on January 16, 2019 by Gambeta News

Pepsico is one of biggest company in the world, when it comes to giving people the tastes they crave and the nutrition they need. It is a company that has interest on manufacturing, promotion, and allocation of grain-based snack foods, beverages, and other products. Pepsico play an important role in contributing to global success. Meanwhile, the company is looking for a Global Procurement Buyer who will be part of some flexibility that will ensure him balancing personal and…

« 1 … 7 8 9 10 11 … 16 »