Contract for first solar panels production plant to be signed in two months: Al-Assar
Over 200 Egyptian companies applied to participate in Dabaa nuclear plant works, military production minister says
Mohamed Farag
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Latest by Mohamed Farag
Electricity price hikes average 26%: Shaker
Electricity Ministry to add 25,000 MW capacity by end-2018
EETC offers tender for establishment of solar park control centre in Benban
5 companies bought prospectus, including Siemens, Schneider Electric
Solar energy companies complain of stalled road construction in Benban
Solar energy investors complained about delays in implementing the main roads and subways at the construction site in Benban, Aswan. They expressed dissatisfaction with the lack of completion of roads comes despite the New and Renewable Energy Authority (NREA) contracting with a private company for implementation more than four months ago. The heads of solar …
Egypt’s upcoming spending priorities are for education, health, culture
Expenditure on education, vocational training will be tax-exempt
20% increase in petrol pumping rates to occur during Eid
Abed Ezz El Regal, chairperson of the Egyptian General Petroleum Corporation (EGPC), said that there will be increases in the pumping rates of petrol in the market, from 20m litres per day to 24m litres per day, a 20% increase across the country. He added that through distribution companies, the corporation will also increase diesel …
Four years of stability, development at Electricity Ministry: Shaker
Minister of Electricity Mohamed Shaker managed to achieve a boom in the electricity sector over the past four years when he took office at a time when the ministry was suffering from deterioration and negligence, such as the frequent power outages and poor services provided to citizens. Shaker signed many agreements in the sector and …
Tarek El-Molla: Three years of petroleum discoveries, exploration agreements
The petroleum sector recovered after a difficult time following the events of the 25 January 2011 revolution. Over the past four years, the sector managed to achieve distinct results in various petroleum activities after political and security stability returned to Egypt, with the measures taken by the state to bring back investment and encourage major …
EEHC negotiates with Siemens on operation, maintenance of 3 stations
Contract extends over 8 years, payment in Egyptian pounds, euros
Petroleum Ministry accepts instalments for natural gas supply to 684,000 households for six years
The Ministry of Petroleum and Mineral Resources approved an instalments system for natural gas deliveries to 684,000 customers across Egypt for a period of up to six years. Minister of Petroleum and Mineral Resources Tarek El-Molla said that gas delivery companies have implemented land and underground networks for the delivery of gas to 684,000 customers …
EGP 625m electricity stolen in five months
The sum collected by electricity distribution companies for theft of electric currents and cables reached EGP 625m from the beginning of the year through May. Sources at the Ministry of Electricity said that the electricity police filed thousands of reports from January to May. Additionally, the phenomenon of informal buildings has increased, resulting in the …
1,500 teachers to be selected for Japanese schools in June: education minister
First Arabic citation index worldwide to be ready by 2020
HCWW dues to electricity companies at EGP 7.8bn
The Ministry of Electricity’s dues owed by the Holding Company for Water and Waste Water (HCWW) have jumped to EGP 7.8bn, sources from the ministry said. The sources at the Ministry of Electricity revealed that they had addressed the officials of the HCWW by paying part of the debts and committing to pay the monthly …
State still subsidises water, new tariff hikes do not include limited income citizens: HCWW chairperson
Mamdouh Raslan, chairperson of the Holding Company for Water & Wastewater (HCWW), told Daily News Egypt that the new water tariff will reduce debts, construct new projects, and implement renovation plans. Egyptian authorities decided to lift the prices of drinking water by up to 46.5%, the official gazette said on Saturday, to be implemented starting …
Gas consumption up by 240,000 tonnes per month: EGAS
Production of butane reaches 466,000 tonnes in Q1 2018
EGPC negotiates with 5 banks for EGP 4bn loans
The Egyptian General Petroleum Corporation (EGPC) has started negotiations with five local and Arab banks to obtain EGP 4bn in loans to purchase and supply petroleum products. Sources from the EGPC told Daily News Egypt that the banks are Banque Misr, the National Bank of Egypt (NBE), National Bank of Kuwait (NBK), Al Ahli Bank …
Egypt begins transition to regional energy trade hub this year
Country to implement electricity interconnection between three continents
Armed Forces Engineering Authority, Spanish company to establish water desalination plant in Alamein
Schneider Electric supplies equipment, electric panels
EEHC opens bids for operation, maintenance of new capital, Borollos, Beni Suef power plants
Doosan, Siemens present lowest offers, while 5 other alliances excluded for high costs
Fuel distribution companies have not received notice on price increases
According to official sources at petroleum product distribution companies, the companies have not yet received any notifications about the decision to increase the prices of fuel, and that the concerns about the new price schemes are false. The sources added that the distribution companies are entities that implement fuel prices increases, and do not to …
Parliament approves oil, gas exploration agreement in North Sinai maritime zones
The Egyptian Parliament’s energy committee approved an agreement for oil and gas exploration in the North Sinai maritime concession area (NOOR) in the Mediterranean Sea. The deal is between the Italian company Eni and the Egyptian Natural Gas Holding Company (EGAS). MP ElSayed Hegazy, a member of parliament’s energy committee, told Daily News Egypt that …
EEHC opens financial envelopes for Hamrawein coal plant before cabinet
Shanghai Electric-Dongfang Electric-Hassan Allam offers lowest bid at $4.4bn
KarmSolar implementing $80m solar power plants
Part of shares will be listed on EGX by 2021: CEO
Cypriot delegation to visit Egypt next month to complete negotiations on electric interconnection
Shaker receives a memo containing the technical and financial studies of the project: sources
EGPC owes Electricity Ministry EGP 100bn
The Egyptian General Petroleum Corporation (EGPC)’s dues owed to the electricity sector increased to EGP 100bn last month. A governmental source told Daily News Egypt that the dues are rising, as the EGPC does not pay for the fuel fed to power plants and only pays about EGP 800m every month out of a monthly …
Egypt, Saudi Arabia to sign electricity connection agreement in June
Project cost rises to $2bn; companies implementing lines, cables to be announced next month
Egypt offers legal tender to implement electricity link with Sudan within days
10 companies invited to submit bids, including Siemens, ABB, El Sewedy
Inauguration of Borollos, New Administrative Capital power plants postponed
Al-Sisi to witness operation of Beni Suef, Assiut plants this month
Electricity Ministry proposes solution to wind farm tariff problem
Implementation to be changed to BOO system
Petroleum Ministry intends to pay $200m of foreign partners’ arrears in June
The Ministry of Petroleum intends, in June, to pay a new tranche of the arrears it owes foreign partners, worth $200m. Sources at the Ministry of Petroleum told Daily News Egypt that the new batch will be paid out of the tranches obtained by Egypt from the World Bank and African Development Bank, as part …