Latest Business News
Renewable energy feed-in-tariff systems flags, says OTMT Vice Chairman Al-Mahdi
The company is negotiating with four local banks to finance a solar…
15,000 MW electricity surplus by end of next year, government considers exporting
$13bn expansion plan of national grid capacity to 21,952 MW by 2018,…
Local, international institutions offer to invest $1.5bn in treasury bills
Interest rate on bills stabilised at same level as the CBE's latest…
US senator presses Facebook on anti-conservative bias
US Senator John Thune has demanded to know if Facebook purposely buried…
87 investment alliances ready to operate in renewable energy
Egypt is an ideal model for attracting companies operating in the solar…
Expansion of gas production tops state priorities for next period
Egypt currently consumes about 73m tonnes of oil, 33m tonnes of this…
Government presents plans to create competitive investment in Egypt’s electricity market
Smart meters reduced water consumption by 40% and electricity consumption by 26%…
After long delay, Egypt plans to gradually increase electricity prices over five-year period, Mashaly
The cost of production for one kilowatt-hour is currently EGP.79 while the…
Lekela Power to begin construction of Banban plant in October with $90m investments
The company has put forward a competitive tender between five or six…
Kaco New Energy targets investments of $ 500m in Egyptian market during 4 years
Kaco has partnerships with Italian and Chinese companies, in addition to Orascom…