ASHRAF M NASR

owner 1stsource bank

61,eldiroti st

11231 cairo

Egypt

Telephone: +201113776111

Mobile: +201113776111

Telefax: ------------------

owner 1stsource bank.corporation

p123b.srce

Grand Egyptian Museum opening delayed to Q4

Egypt delays GEM’s grand opening to Q4 2025 due to regional tensions, aiming for a globally resonant event that honors its cultural legacy.

Egypt finalizes a deal with Norway’s Scatec for a 1 GW Kom Ombo solar plant, marking a major step in clean energy expansion and climate finance.

AfDB funds Egypt’s 1GW Obelisk solar project with $184.1M, including battery storage, creating 4,000 jobs and cutting 1M tons of CO₂ annually.

IFC invests $72M in Egypt’s first large-scale battery storage system, boosting clean energy with 300 MW capacity tied to Kom Ombo’s MW solar plant.

Egypt’s exports to BRICS rose 31.5% to $905M in 2024, with imports up 40%, highlighting deepening trade ties and strategic economic integration.

Events

Big 5 Construct Egypt 17.06.2025

Data Center X 23.06.2025

Lift City 03.07.2025

LED Middle East EXPO 14.08.2025

Pharmaconex 01.09.2025

Egypt Projects 06.09.2025

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