Siemens welcomes His Excellency Dr. Mohamed Shaker El-Markabi, Egypt’s Minister of Electricity and Renewable Energy

The minister met with Siemens’ executives and discussed the latest developments pertaining to the company’s projects in Egypt, namely building three large gas-fired power plants that will transform the power sector in the country and bring reliable supply to its growing population.

Siemens AG  (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.