UAE’s Metito, Scatec in talks on $1.5bn Egypt desalination plant – Egypt The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a build, own, operate and transfer system, according to Metito’s managing director for Africa, Karim Madwar. Reliant on the Nile River for much of its fresh water, Egypt has announced plans for a swathe of new […] UAE’s Metito, Scatec in talks on $1.5bn Egypt desalination plant – EgyptDME GmbH2022-02-21T17:57:18+01:00
Egypt in talks with Metito-led consortium over $1.5B desalination plant – Egypt The Egyptian government is in talks with a consortium comprised Dubai-based Metito Holdings Ltd, Norway’s Scatec ASA, and Orascom Construction PLC (ORAS) over a $1.5 billion renewables-powered desalination plant, Bloomberg reported. This move comes as part of Egypt’s strategy in addressing possible water shortages. The consortium is seeking to partner up with the Sovereign Fund of Egypt on setting up the plant, which would follow a build-own-operate-transfer system (BOOT), according to Managing Director of Metito for Africa Karim Madwar. (LINK). Egypt in talks with Metito-led consortium over $1.5B desalination plant – EgyptDME GmbH2022-02-17T14:38:31+01:00
Metito, Scatec in Talks on $1.5 Billion Egypt Desalination Plant – Egypt The UAE’s Metito Holdings Ltd., Scatec ASA and Orascom Construction are in talks with Egypt on a $1.5 billion renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a build, own, operate and transfer system, according to Metito’s managing director for Africa, Karim Madwar. Reliant on the Nile River for much of its fresh water, Egypt has announced plans for a swathe of […] Metito, Scatec in Talks on $1.5 Billion Egypt Desalination Plant – EgyptDME GmbH2022-02-16T15:16:29+01:00
Egypt PM discusses with Emirati company desalination and green hydrogen projects – Egypt Egyptian Prime Minister Mostafa Madbouly held talks on Sunday with the head of the Emirati energy company AMEA, Hussain al-Nowais, on water desalination and green hydrogen projects. Nowais reviewed proposed projects to be established in Egypt in these areas, made in cooperation with specialized international companies. He also current investment climate in Egypt, and the economic and structural reforms adopted by the government, which confirm that the Egyptian state is moving in the right direction. (LINK). Egypt PM discusses with Emirati company desalination and green hydrogen projects – EgyptDME GmbH2022-02-14T14:54:52+01:00
Egyptian state pays great attention to water projects, integrating seawater desalination strategy: Metito – Egypt Karim Medawar, the Managing Director of Metito Africa Group, stated that the Egyptian state has allocated hundreds of billions to implement an ambitious plan, the largest in the Middle East, to develop huge water projects with the integration of the seawater desalination strategy within Egypt’s 2030 Vision. Medawar said that Egypt is working to carry out many new projects to develop and operating projects for water desalination, sewage treatment, and agricultural drainage treatment and recycling in support of the state’s policy for rational water management with the possibility of using alternative and […] Egyptian state pays great attention to water projects, integrating seawater desalination strategy: Metito – EgyptDME GmbH2022-02-10T15:24:40+01:00
Metito plans to build floating desalination plants in Egypt – Egypt Dubai-based water treatment company Metito aims at building floating desalination plants in Egypt, CEO Karim Madwar Al Borsa Newspaper. The company is seeking to arrange the required financing for implementing this project through a number of financing entities, including the Japan International Cooperation Agency (JICA) and the European Bank for Reconstruction and Development (EBRD), Madwar said. The Emirati company has already submitted its proposal regarding this project to the Egyptian government, represented in the Ministry of Housing, he said. (LINK). Metito plans to build floating desalination plants in Egypt – EgyptDME GmbH2022-02-07T13:09:45+01:00
Egyptian President Sisi receives S.Korean counterpart Moon Jae-in – Egypt President Abdel Fattah El-Sisi has just received South Korean President Moon Jae-in at the Egyptian Presidential Palace, Al-Ittihadiya, where an official reception ceremony was held. The two national anthems were played and the guard of honor went on a parade during the official reception. South Korean President Moon Jae-in arrived in Egypt on Wednesday in an official visit that lasts until Friday as part of a Middle East tour that included UAE and Saudi Arabia. (LINK). Egyptian President Sisi receives S.Korean counterpart Moon Jae-in – EgyptDME GmbH2022-01-21T10:18:13+01:00
No agreement in sight – Egypt Egypt is one of the water-poorest countries in the world. One of the biggest challenges facing it now and in the coming years is securing enough water for its growing population, an enormous challenge given the double threat posed by climate change and the Grand Ethiopian Renaissance Dam (GERD). Whatever measures Egypt takes to optimise its water use will mainly depend on the Nile. Yet Ethiopia has failed to provide clear evidence, let alone commit itself to a legally binding agreement that guarantees GERD will not affect […] No agreement in sight – EgyptDME GmbH2021-12-27T15:22:07+01:00
Largest water plant in the Middle East constructed in North Sinai at cost of $97 million – Egypt North Sinai Governorate is witnessing the construction of the largest water plant in the Middle East on its north coast, west of the city of al-Arish at a cost of US$97 million to meet the needs of all citizens of the governorate and to replace the water-pump system. The governorate authorities are coordinating work to connect the giant water desalination plant in the 17 kilometer area west of Arish to deliver water to the main lines to be fed with water upon completion of the plant, with a production capacity of 100,000 […] Largest water plant in the Middle East constructed in North Sinai at cost of $97 million – EgyptDME GmbH2021-12-23T14:33:49+01:00
Port Said went through great development under Sisi – Egypt Port Said Governor Adel El Ghadban said that President Abdel Fattah El Sisi attaches great importance to the governorate. Port Said has seen noticeable development in the past six years under President Sisi, he said in statements to ETC TV channel on Thursday. Port Saidi has the biggest pivotal port in the Middle East in addition to the largest free industrial zone affiliated with the General Authority for Suez Canal Economic Zone, he added. (LINK). Port Said went through great development under Sisi – EgyptDME GmbH2021-12-17T14:21:51+01:00