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Latest in Tag: OBG

Egypt’s power supply gets an encouraging boost

  By Oxford Business Group A $9bn deal inked in Egypt will give a substantial boost to the country’s electricity generation capacity, helping the government address power shortages and support a growing population and economy. On 3 June, German industrial conglomerate Siemens agreed to a deal to supply gas and wind power plants that will …

Daily News Egypt

Egypt: Banks attracting Gulf investors

  By Robert Tashima Despite an uncertain political climate and a sluggish economic recovery, the long-term prospects of Egyptian banks are attracting attention from their Gulf counterparts. Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade. While the transactions also represent the …

Daily News Egypt

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