Middle-east Arab News Opinion | Asharq Al-awsat

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File photo showing a power plant at the Saudi Electricity Company’s Central Operation Area, south of Riyadh, on April 27, 2012. (Reuters/Fahad Shadeed)

Bids for joint Saudi–Egyptian electricity grid project to be tendered in December—source

by Fatima El-Haj | Apr 2, 2014 | Business

Cairo, Asharq Al-Awsat—Tenders for subcontractors involved in the Saudi–Egyptian electricity grid project will be held later than initially planned, but the project is progressing on schedule, according to Gaber El-Desouky, the president of Egypt’s state-owned...

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Aly Abou-Sabaa, vice president of the African Development Bank’s Sector Operation for Governance, Agriculture and Human Development (Asharq Al-Awsat)

African Development Bank will not halt loans to Egypt

by Sharif Yamani | Feb 7, 2014 | Business

Cairo, Asharq Al-Awsat—In comments to Asharq Al-Awasat, a senior executive from the African Development Bank (AfDB) denied the development finance institution would be halting its loans to Egypt. Reports have been circulating that the Ivory Coast-based AfDB would be...

Media ID: 55308509
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A man walks over a bridge by the construction of Ethiopia’s Great Renaissance Dam in Guba Woreda, some 40 km (25 miles) from Ethiopia’s border with Sudan, June 28, 2013. REUTERS/Tiksa Negeri

African Development Bank continues investment in Egypt energy sector

by Sharif Yamani | Jul 5, 2013 | Business

Cairo, Asharq Al-Awsat—Khalid Al-Askari, energy section official at the African Development Bank (AfDB) in Egypt has said the bank was conducting studies on a Ethiopia–Sudan–Egypt electricity link project, following the success of an initial feasibility study for the...