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...
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...
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...
