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New holding company for mining industries approved

Minister of Industry and Foreign Trade Hatem Saleh approved the establishment of a mining holding company at the opening ceremony of the National Vision for Mining Wealth Conference held Tuesday. According to government officials, the move toward establishing a holding company for mining is proposed to boost investment in Egypt’s mining sector and expand mining …

Islam Serour

Ethiopia plans power exports to neighbors

ADDIS ABABA: Ethiopia plans to sell power to Sudan, Yemen, Kenya and even Egypt, with whom it is at odds over the Nile’s waters, as it ramps up power production to become a major exporter in the continent, its utility said. It aims to produce 20,000 megawatts (MW) of power within the next 10 years, …

DNE

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