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thyssenkrupp wins major order for fertiliser complex in Egypt

thyssenkrupp’s plant engineering business won a major order for the engineering, procurement, and construction (EPC) of a new fertiliser complex, from the Egyptian chemical and fertiliser manufacturer, El Nasr Company for Intermediate Chemicals (NCIC). thyssenkrupp is realising the project in a consortium with the Egyptian company PETROJET.  The order value for thyssenkrupp is in the …

Daily News Egypt

NBE extends working hours at 64 branches for tax e-payment services

The National Bank of Egypt (NBE) decided to extend its working hours at 64 branches until 6:00 pm to provide electronic tax payment services in the periods between 24-31 March and between 22-30 April. The NBE will limit its services after normal working hours to tax payment services in order to achieve a successful tax …

Daily News Egypt

Electricity Ministry to disconnect service for delay in paying bills

The Minister of Electricity and Renewable Energy, Mohamed Shaker, issued strict instructions to the heads of electricity distribution companies to collect all delayed bills on homes, shops, and government agencies. Electricity Ministry sources told Daily News Egypt that the Egyptian Electricity Holding Company decided to disconnect the service from those who refuse to pay their …

Daily News Egypt

Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation

The fifth edition of Coaltrans Conference held in Cairo between 18-19 March discussed the possibilities of using coal as an alternative source of energy. The conference discussed the Egyptian government’s desire to shift to using coal in energy generation, along with other numerous industries. Coal has become a necessary adoption thanks to its low production …

Daily News Egypt

Omani sovereign wealth fund explores investment opportunities in Egypt

A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt soon to explore investment opportunities, according to a Tuesday’s statement by the Ministry of Investment and International Cooperation. The Minister of Investment, Sahar Nasr, visited the Omani capital Muscat as part of an Egyptian delegation to the Egyptian-Omani joint committee, which kicked off …

Daily News Egypt

Inaugurating 30 June Axis within one month: Minister of Housing

The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the 30 June Axis, which is one of the state’s road network projects, will be inaugurated within a month, explaining that it will connect the governorates of Port Said, Ismailia, and Suez. He added that the axis will be completed to enable reaching the …

Daily News Egypt

EETC, EGEMAC sign EGP 1.7bn worth contracts to develop transmission networks 

The Egyptian Electricity Transmission Company (EETC) has signed four contracts, valued at EGP 1.7bn, with the Egyptian German Electrical Manufacturing Company (EGEMAC) to support and develop electricity transmission networks across the country. Sabah Meshaly, the chairperson of EETC, said that the first contract stipulates establishing a new electricity transformer in New Zagazig City using gas-insulated …

Daily News Egypt