Tag: energy

Mideast consortium agrees $500m National Petroleum Services buy

Reuters - A consortium of Gulf-based investors including Fajr Capital and Arab…

Daily News Egypt

Egypt to lift natural gas prices for homes, businesses

Price hike only affects users connected to gas grid, most citizens not…

Daily News Egypt

NGOs ‘deeply dissatisfied’ with decision to use coal as energy source

Four NGOs warn that decision will have “devastating consequences” on health and…

Hend Kortam

Cabinet tackles energy, construction issues; investor disputes

Cabinet approves investor settlement and petroleum agreements, allocates money for electricity and…

Sara Aggour

AFDB to increase lending programme to Egypt in 2015

African Development Bank says it will continue providing assistance to Egyptian government…

Sara Aggour

Egypt energy subsidy bill to rise by 10-12% next year: Minister

Reuters - Egypt’s Finance Minister said on Sunday spending on energy subsidies…

Daily News Egypt

Egypt’s 2014 energy deficit originally expected for 2022: Government official

By 2022, energy usage should be reduced by 10%, says head of…

Doaa Farid

Ministries of Electricity and Petroleum form agreement for provision of alternative fuels

The electricity sector currently operates at 86% of its capacity, while maintenance…

Daily News Egypt

Electricity usage awareness campaigns to commence in May

The energy and electricity ministry aims to ration electric power consumption by…

Sara Aggour

IMF’s Egypt strategy ill-suited to realities on the ground: ECESR

Regional economic experts say fund’s demands for near-term subsidy cuts not viable

Adam Koppeser