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  1. Vor 12 Stunden · Updated 8/18/2024 9:07:00 AM. Arab Finance: The Egyptian Ministry of Housing, Utilities, and Urban Communities is set to finalize the construction of 11,549 residential units in the New Alamein city until June 2025, Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini stated. The minister pointed out that 8,000 units of ...

  2. Vor 12 Stunden · Arab Finance: The total balance of credit facilities provided for 2,592 authorized customers under the productive sectors initiative amounted to around EGP 67.48 billion until June 2024, Minister of Finance Ahmed Kouchouk stated. Kouchouk noted that 96% of the total facilities were directed toward ...

  3. Vor 12 Stunden · Updated 8/18/2024 7:41:00 AM. Arab Finance: A total of EGP 18 billion has been spent on utility projects in New Alamein city, Head of New Alamein City Authority Ahmed Ibrahim told Asharq Business. The authority will also launch new utility projects worth EGP 20 billion, Ibrahim said.

  4. Vor 12 Stunden · Updated 8/18/2024 6:19:00 AM. Arab Finance: Infinity Power and the Abu Dhabi Future Energy Company (Masdar) have signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a new onshore wind farm in Ras Ghareb, the Gulf of Suez region, as per a statement. The wind farm will have a capacity of 200 ...

  5. Vor 12 Stunden · Updated 8/18/2024 6:27:00 AM. Arab Finance: Noatum, a subsidiary of AD Ports Group, has acquired a majority stake in Safina B.V., an Egyptian company providing shipping and maritime agency services across Egypt and the Middle East, Noatum said in a statement. The acquisition is expected to be completed in the third quarter (Q3) of 2024.

  6. Vor 12 Stunden · Arab Finance: The Minister of Electricity Mahmoud Esmat has issued a ministerial decree to immediately install temporary prepaid code meters for violators illegally connected to the electricity grid, as per a statement. This decision applies to all properties without exception, granting them no rights to violate it, the minister highlighted.

  7. Vor 12 Stunden · Updated 8/18/2024 8:40:00 AM. Arab Finance: The Egyptian Ministry of Civil Aviation has probed cooperation opportunities with the international aerospace company Boeing in the aviation industry sector, as per a statement. This came during a meeting between Minister of Civil Aviation Sameh Elhefny and Vice President of Boeing’s Commercial ...

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