Egypt has taken out a 6-billion-euro loan to build three new gas-fired power plants. In 12-hour shifts, 24,000 people work around the clock to to complete the project. The plants should be finished by 2018.
The German engineering giant is expecting bumper profits in the wake of a massive restructuring that will also cut thousands of jobs. But Siemens believes a new, leaner structure is vital for long-term growth.
After Siemens turbines built by its Russian partners were transferred to Crimea, two more turbines appear to have been delivered without the German firm's knowledge. The case is a test of EU sanctions against Russia.
The only functioning power plant in the Palestinian territory is out of action after running out of fuel. The local electricity company blamed a "dispute" between Hamas and the Palestinian Authority for the outage.
More micro-cracks have been discovered at the Belgian Tihange 2 nuclear reactor near the German border. Belgian authorities say the nuclear plant is still safe.
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