Updated on 23, May, 2012 2:45:AM
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Saudi investors to spend USD390m on 11 solar energy projects in Egypt

Egypt's Industrial Development Authority (IDA) has agreed with Saudi investors to establish 11 solar energy projects around the Gulf of Suez and the Red Sea worth EGP 2.3 billion (USD 390 million), a senior official said. IDA officials will meet representatives of the investor companies ...

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Chart.
Last Value 22 May 8:50 4,885.63
Change 77.24 (1.61%)
Previous Close 4,808.39
Open 4,878.37
Day High - Low 4,886.77 - 4,878.37
Year High - Low 5,628.00 - 3,586.55
YTD Change 32.76
Highlights

Oil prices have drifted down from the highs witnessed last month as OPEC production ramped up in Q1 and the latest phase ...



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