Egypt's Delta Electricity Production Co has secured a KD30m loan ($104m) from the Kuwait Fund for Arab Economic Development to launch El-Ein El-Sokhna power generating station, east of Cairo, Kuna has reported. The new power station aims to help Egypt meet its growing demand for electricity and feed the national power grid.
You might also like...
McDermott completes financial restructuring exercise
28 March 2024
Region heads for hotel boom
28 March 2024
Lowest bidders emerge for Kuwait housing project
28 March 2024
Redcon wins Red Sea Triple Bay infrastructure deal
28 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.