Energy

News, analysis and comment from on Egypt’s and the global energy markets from the Daily News Egypt, Egyptʼs leading publication.
Latest Energy News

IFC invests $10m in Egypt’s Globaltronics to enhance energy efficiency

Project is part of World Bank Group’s strategy to help Egypt optimise…

Shaimaa Al-Aees Shaimaa Al-Aees

HIDELECO, Military Production Ministry cooperate to manufacture electricity transmission equipment

EGP 100m allocated to support electricity lines in Owaynat and Gabal Al-Kamel…

Mohamed Farag Mohamed Farag

Egypt exempts industrial sector of EGP 5.3bn debts for natural gas consumption

Ministry submits proposals in August 2019 to schedule debt arrears by ceramics…

Shaimaa Al-Aees Shaimaa Al-Aees

Facilities put in place for replacing unmetered power connections with metering system

New meters will ensure citizens are held accountable for usage according to…

Mohamed Farag Mohamed Farag

EETC, Chinese consortium contract on EGP 303m worth Madinaty 2 transformer substation

EETC Chairperson Sabah Mashaly said the contract covers the transformer’s construction, with…

Mohamed Farag Mohamed Farag

APICORP anticipates $792bn investments in MENA energy over 5 years

Egypt implements petrochemical projects worth $38bn in 2020-2024

Mohamed Farag Mohamed Farag

Electricity Ministry negotiates local bank loan to finance EGP 20bn grid support projects

No alternative to rising electricity prices, despite reduced consumption and collection during…

Mohamed Farag Mohamed Farag

Egypt raises electricity prices, phasing out remaining subsidies over 3 years

Household electricity prices increase by an average of 19.1%

Shaimaa Al-Aees Shaimaa Al-Aees

EuroAfrica Interconnector project delayed due to unfinished studies: source

Project implementation will not be activated or agreed upon until required studies…

Mohamed Farag Mohamed Farag