Egypt signs contract with EIB to build power station
European investment bank
Cairo - MENA
Egypt signed Sunday a contract with the European Investment Bank (EIB) to build a power station in Damanhour.
The signing ceremony was attended by Prime Minister Sherif Ismail, Minister of Electricity Mohamed Shaker, Minister of International Cooperation Sahar Nasr as well as chairman of Holding Company for Electricity and representatives of EIB.
The new power station will serve four million inhabitants in Behira at total expenses of 1.3 billion dollars, said Nasr.
She added that the EIB will provide 600 million dollars, and the African Development Bank will pay 80 million dollars in the new power station.
The minister said that the Arab Fund for Economic and Social Development will provide 200 million dollars in addition to 240 million dollars from the West Delta Electricity Production Company.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 05:04 2017 Sunday ,06 August
PM chairs investment board meeting
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 08:26 2018 Wednesday ,24 January
World powers meet to pressure Syria on chemical attacks
GMT 08:50 2017 Thursday ,28 December
Saudi-led strikes on Yemen market kills 14 civilians
GMT 03:52 2017 Friday ,17 February
Mona Al Merri addresses global media at UN Foundation meeting in Dubai
GMT 05:47 2017 Thursday ,16 November
US giant CBS completes takeover
GMT 19:56 2014 Monday ,15 December
Islamist rebels kill 10 Somali soldiers in attack on base
GMT 12:30 2017 Monday ,15 May
Replacement of old water pipelines in Ajman
GMT 19:39 2017 Saturday ,11 March
Emirati women become icons of development and excellence
GMT 04:15 2018 Saturday ,20 January
After storm, trains resume limited service in Germany
GMT 21:01 2017 Saturday ,18 March
PM lauds products of Military Production Ministry at CIF
GMT 04:00 2017 Thursday ,03 August
ERC honours Sharjah Electricity and Water Authority
GMT 15:13 2016 Friday ,11 November
Bahrain weather forecast
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor