Egypt Races To Reduce Impact Of $5 Billion Ethiopian Dam – Egypt An international research group has warned of “dire humanitarian consequences” if a controversial Ethiopian project to dam the Nile leads to conflict with Egypt and neighboring Sudan. The $5 billion dam is a source of friction between the three countries that could spill over into open hostility, the Brussels-based International Crisis Group said in a report. Egypt and Sudan fear the dam, now being built near the Sudanese border, could reduce available water to both countries. (LINK). Egypt Races To Reduce Impact Of $5 Billion Ethiopian Dam – EgyptDME GmbH2019-03-22T09:15:11+01:00
Fluence Signs Second Large Contract in Egypt – Egypt Fluence Corporation Limited (asx:FLC) is pleased to announce that a partnership formed between its Egyptian joint venture The International Co. for Water Services & Infrastructure (IWSI) and Hassan Allam EPC has been awarded an EPC contract of US$74 million to design and construct a 40,000 m [3] /day seawater desalination plant, with infrastructure designed and built for a future capacity expansion to 80,000 m [3] /day. In this custom engineered solution, through IWSI, Fluence will act as the technology provider, designing the process and supplying the pretreatment, reverse osmosis skids, […] Fluence Signs Second Large Contract in Egypt – EgyptDME GmbH2019-03-20T09:53:10+01:00
Saudi’s Acwa Power plans $3bn investment in Egypt – Egypt Saudi-based Acwa Power, a major developer of power and water desalination projects, is set to invest around $3 billion in Egypt’s electricity projects during this year. The utility developer has collaborated with Hassan Allam Holding Company to establish a 2.3-megawatt power plant in Luxor. The power plant, being built at a cost of $2.3 billion, is expected to start the Phase One of the operation in the summer of 2022 and the full commercial operation in the summer of 2023. […] Saudi’s Acwa Power plans $3bn investment in Egypt – EgyptDME GmbH2019-03-16T04:51:54+01:00
Egypt signs MoU with Swiss company to build seawater desalination plants – Egypt The Military Production Ministry’s Qaha Chemical Industries (Factory 270) and the Swiss company, AquaSwiss, signed on Wednesday a memorandum of understanding (MoU) to establish seawater desalination plants. Minister of State for Military Production Mohammed Said al-Assar witnessed signing the agreement which stipulates enhancing cooperation between the two sides in treatment of sewage and industrial wastewater. (LINK). Egypt signs MoU with Swiss company to build seawater desalination plants – EgyptDME GmbH2019-03-07T10:07:06+01:00
Private sector could help meet Egypt’s infrastructure needs: World Bank report – Egypt Egypt will require $675 billion of investment over the next 20 years to meet its infrastructure needs, according to the G20 group of countries’ Global Infrastructure Outlook. And while the government could afford around two-thirds of that amount, some $230 billion would still be missing, a recent World Bank report showed. Improving infrastructure is seen as important to provide access to jobs, markets and basic services. It is also essential for the efficient movement of goods and services, which could […] Private sector could help meet Egypt’s infrastructure needs: World Bank report – EgyptDME GmbH2019-02-02T14:05:57+01:00
Egypt’s new administrative capital getting its own ‚Nile‘ – Egypt Egypt is racing against time to build a river in the middle of the desert, to go with the new administrative capital it is working on about 30 miles (45 kilometers) east of Cairo. On Jan. 14, Prime Minister Mostafa Madbouly attended the construction launch of the Green River project, worth 9 billion Egyptian pounds ($501.8 million), in the $45 billion new administrative capital. Seven construction companies are working on the project, which involves hundreds of workers. Madbouly said during the ceremony that the man-made river will link a series […] Egypt’s new administrative capital getting its own ‚Nile‘ – EgyptDME GmbH2019-01-26T13:06:42+01:00
Saudi to offer $9.6bln water projects in Q1 2019 – Saudi Arabia Saudi Arabia intends to offer water and farming projects worth around 36 billion Saudi riyals ($9.6 billion) to investors in the first quarter of 2019, a newspaper in the world’s largest oil exporter reported on Sunday. The Environment, Water and Agriculture Ministry will issue tenders for the projects as part of plans to expand desalinated water and farming production in the Gulf kingdom, the Arabic language daily Aleqtisadia said. (LINK). Saudi to offer $9.6bln water projects in Q1 2019 – Saudi ArabiaDME GmbH2018-12-23T14:08:40+01:00
Egypt wins $131m Kuwait funding for desal projects – Egypt Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country. The duo also signed another loan deal under which the Kuwait Fund would present an additional loan worth KD25 million ($85 million) to the Egyptian government for development works. (LINK). Egypt wins $131m Kuwait funding for desal projects – EgyptDME GmbH2018-12-22T15:22:12+01:00
Details of housing projects, water plants inaugurated by Sisi – Egypt President Abdel Fatah al-Sisi inaugurated on Saturday six housing projects and three water plants. The president visited Mahrousa 1 social housing project in Al Jabal Al Asfar in Daqahliyah governorate, which is part of Greater Cairo, while inaugurated the rest via video conference. The other social housing projects are located in Al Asher Min Ramadan City, New October City, and 3,348 residential units in Cairo’s Badr City, and South Sinai. That is in addition to Ahalina 1 social housing project in Salam city […] Details of housing projects, water plants inaugurated by Sisi – EgyptDME GmbH2018-12-15T22:15:12+01:00
Egypt signs 2 water system deals worth EGP2.2 billion with Kuwaiti Fund – Egypt Egypt and the Kuwait Fund for Arab Economic Development signed two agreements on Saturday to establish an EGP 1.4 billion water system in Bahr Al-Bakr and to finance four desalination plants in South Sinai governorate for EGP 880.5 million. The signing comes on the sidelines of the Africa 2018 forum taking place in the Red Sea resort city of Sharm el-Sheikh. (LINK). Egypt signs 2 water system deals worth EGP2.2 billion with Kuwaiti Fund – EgyptDME GmbH2018-12-08T23:58:13+01:00