Mohamed Farag

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Siemens to start operation tests of Borollos power plant Tuesday

German company Siemens is set to start the trial operations of Borollos power plant on Tuesday. A source at the Ministry of Electricity said that the ministry will provide Siemens with the electric capacity to run and test the plant by connecting it with Abu Qir power plant at a capacity of 500 KV to …

Mohamed Farag

Dollar crisis, Egyptian pound’s devaluation the best thing to happen in Egypt in past 3 years: Elsewedy Electric managing director

Despite the decline in the value of the Egyptian pound against the US dollar in 2016 and the inflation rate reaching unprecedented levels, managing director of Elsewedy Electric Company, Ahmed Elsewedy, believes that this is the best thing that happened in Egypt throughout the past three years. In his interview with Daily News Egypt, Elsewedy …

Mohamed Farag