16 Apr 2015
(MENAFN) The Egyptian government and Kuwait’s Alghanim International signed an initial USD1.6 billion contract for two energy schemes set for implementation, the prime minister said, Arabian Business reported.
The first venue is to witness the conversion of four gas-powered plants into being run on joined cycles. The second project is for the building of gas-powered plants, fostering a capacity of 900 megawatts.
No corporate reports were issued concerning the timeline for the two ventures to be completed, but actions must be made soon since energy demands in Egypt has been mounting, with power cuts turning into a regular trend.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more