energy
Al-Shourouk: fuel smart cards postponed until next fiscal year
Business
March 26, 2015
Al-Shourouk: fuel smart cards postponed until next fiscal year
The government intends to postpone the introduction of fuel smart cards until the first quarter of the next fiscal year,…
Ministry signs US$9.6 billion deal for coal-fired electricity plan
Business
March 17, 2015
Ministry signs US$9.6 billion deal for coal-fired electricity plan
The Electricity Ministry said on Tuesday it has signed a memorandum of understanding (MOU) with the joint-stock petroleum company Tharwa for…
OCI, IPIC sign deal for Egyptian coal-powered plant
Business
March 17, 2015
OCI, IPIC sign deal for Egyptian coal-powered plant
Orascom Construction Industries (OCI) said Tuesday it had reached an agreement with the International Petroleum Investment Company (IPIC) for the…
$9 billion in UAE and Saudi investments for new power stations
Business
March 15, 2015
$9 billion in UAE and Saudi investments for new power stations
The New and Renewable Energy Authority has signed a memorandum of understanding with the UAE Masdar company to build a…
Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity
Business
March 13, 2015
Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity
The energy crisis of Egypt that had reached unprecedented levels has produced promising investment opportunities for private sector companies in…
Nine steps taken to reform Egypt’s energy system
Business
March 13, 2015
Nine steps taken to reform Egypt’s energy system
- Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.- Repayment…
Solar plane passes new test ahead of planned world tour
Egypt
March 3, 2015
Solar plane passes new test ahead of planned world tour
A solar-powered plane made a third successful test flight in the United Arab Emirates on Monday ahead of a planned…
Govt to raise energy prices in July
Egypt
February 18, 2015
Govt to raise energy prices in July
Electricity Minister Mohamed Shaker said energy prices will be raised in July when the government applies the second phase of its…
Mideast, N. Africa ‘to invest $755 bn in energy to 2019’
World
February 4, 2015
Mideast, N. Africa ‘to invest $755 bn in energy to 2019’
Middle Eastern and North African states are expected to invest $755 billion in energy projects over the next five years…
Industry federation rejects private sector assistance in butane crisis
Business
February 1, 2015
Industry federation rejects private sector assistance in butane crisis
A petroleum expert has rejected the suggestion to entrust the private sector to the storage of butane gas for emergencies…