May 26, 2023

$15M from EIB and ALEXBANK scheme to cut energy bills and increase renewable energy use in Egypt

The European Investment Bank (EIB) and ALEXBANK, a bank of Intesa Sanpaolo group, made public the new tranche of USD 15 million renewable & efficiency......

May 25, 2023

Sovereign Fund of Egypt begins receiving acquisition bids for Wataniya Petroleum

The Sovereign Fund of Egypt (TSFE) has started receiving bids from competitors to acquire Wataniya Petroleum which is owned by the National Service......

May 18, 2023

Infinity Power, Copelouzos Group to jointly provide green energy sources to GREGY project-

Arab Finance: Copelouzos Group, through its arms Damco Energy and Elica Mediterranean Interconnection, have signed a memorandum of understanding......

May 11, 2023

NTRA supports exporting information energy: CEO

Hossam El-Gamal, CEO of the National Telecom Regulatory Authority (NTRA), said that providing energy sources is one of the most important challenges......

May 9, 2023

Egypt, World Bank emphasize strong relations during launch of partnership framework.

Egypt’s Minister of International Cooperation, Dr. Rania Al-Mashat, has honored the Country Director of the World Bank and the Director of......

May 8, 2023

Egyptian oil and gas exports drop 28.1% in first two months of 2023: CAPMAS

Egypt's fuel exports saw a decline in value during the months of January and February 2023, with a total value of approximately $1.97 billion,......

May 5, 2023

EETC, Scatec sign an MoU to explore connecting electricity grid to Europe

CAIRO – 04 May 2023: The Egyptian Electricity Transmission Company (EETC) and the Norwegian Scatec Company signed an MoU to study connecting......

May 5, 2023

Export dependence likely to push forward growth of Egypt’s petrochemicals sector: Fitch Ratings

Arab Finance: Fitch Ratings is expecting Egypt’s petrochemicals sector to maintain growth in the future as the country moves from being import-dependent......

April 27, 2023

Vortex Energy aims to inject €176m investments in Ignis’ expansion

Vortex Energy, the energy investment arm of EFG Hermes, aims to inject new investments in the capital of global Ignis, amounting to €176m, in......

April 26, 2023

ACWA Power secures $123m to develop Kom Ombo solar power plant

ACWA Power, the Saudi company specializing in power generation, water desalinationو and green hydrogen plants, announced the signing of a $123m......