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3 Arab, Chinese firms eye establishing $600M wind farms in Egypt

Arab Finance:Three Arab and Chinese companies are looking forward to establishing wind farms in Egypt with up to $600 million in investments, government sources told Al Borsa News. Two firms will submit a detailed offer, including the farms' capacities and proposed prices per kilowatt (KW), to the officials by the end of September, as they seek to start execution of the ....

Arab Finance , Three Arab , Egypt Investment ,

Italian Energy Giant Eni to Invest $7.7 Billion in Egypt Over 4 Years

Italian energy conglomerate Eni has unveiled plans to invest a substantial USD 7.7 billion (EGP 237.9 billion) in Egypt over the next four years to boost the company's exploration and production activities in the country, stated Eni CEO Claudio Descalzi in a press release published by the Egyptian Presidency on 3 September. Descalzi’s pledge came ....

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