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Summit’s 3rd day shows rise in renewable energy sector MoUs

Several Memorandum of Understandings (MoUs) were signed between international companies and the Ministry of Electricity regarding solar energy projects. MoUs were signed between Tharwa Investments and Electricity Holding Company to establish a coal-fired power plant with 6,000MW at a total value of $9.6bn. “We met 10 days ago, and now we are signing a MoU,” …

Sara Aggour

Piraeus Bank Egypt to focus on energy projects financing

Piraeus Bank in Egypt is targeting the financing of major projects during the Economic Summit this month. Naira Amin, Chief Executive and Managing Director of Piraeus Bank Egypt, said the bank is giving special attention to joint finance projects proposed by the Egyptian government in the summit. Amin added that financing will be led by …

Daily News Egypt