Weekly market review, 2009 October 11-17

American University in Cairo. Citadel Capital Financial Services Center

Abstract:

World Bank to lend Egypt $620 mln for power plant : The World Bank agreed to lend Egypt 3.4 billion Egyptian pounds ($620 million) to fund its North Giza power plant project, state news agency MENA said on Wednesday. The World Bank already provided Egypt with a $50 million grant to partly fund the country's first solar power plant at Koraymat, the agency quoted Minister of Electricity Hassan Younes. Younes said that Egypt aims to more than triple its installed power capacity by 2027 by adding 58,000 MW at a cost of about $100 billion to $120 billion.

Description:

Weekly newsletter of the Citadel Capital Financial Services Center at the American University in Cairo.

Office: American University in Cairo. Citadel Capital Financial Services Center
Keyword: Stock exchanges--Egypt , Business--Egypt--Press coverage , Business--Middle East--Press coverage , Business--Press coverage
Date Created: 2009-10-17
2009-10-17
Date Issued: 2013-09-20
2013-09-20
Type: Text
Medium: newsletters
Language: en
License: Copyright, American University in Cairo. All rights reserved.
URI: http://dar.aucegypt.edu/handle/10526/3675
http://dar.aucegypt.edu/handle/10526/3675

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  • Weekly Market Review [72]
    This collection contains the weekly newsletter of the Citadel Capital Financial Services Center at the American University in Cairo.