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Etisalat Misr, Vodafone Egypt sign 4G licence deals in Egypt

  Reuters Vodafone Egypt and Etisalat Misr have signed licence deals allowing them to operate fourth-generation (4G) mobile services in Egypt, the country’s telecoms regulator said on Sunday. Egypt is selling four 4G licences as part of a long-awaited plan to reform the telecoms sector and to raise money for stretched government finances. The country’s three existing mobile phone operators ...

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Alba closes $1.5 billion loan for Line 6 expansion

  Reuters Aluminium Bahrain (Alba) said on Sunday it closed a $1.5 billion loan with regional and international banks that will fund its Line 6 expansion project. Alba will become the world’s largest single aluminium smelter complex, boosting its annual output by 540,000 tonnes to 1.5 million tonnes per year by adding a sixth “potline”, used in producing the metal ...

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GE opens Kuwait Technology Center to boost innovation in power sector

  Kuwait City / Emirates Business GE marked a new milestone in its operational presence in Kuwait with the opening of the GE Kuwait Technology Center (GEKTC), a flagship facility that will foster localized research, provide hands-on training and build an innovation ecosystem specifically for the power sector. Approved by the Kuwait Direct Investment Promotion Authority (KDIPA) for a Foreign ...

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