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Posted inEGYPT IN THE NEWS
Eighth anniversary of Egypt’s 25 January revolution tops foreign press coverage
Egypt’s human rights situation was in the spotlight on the eighth anniversary of the 25 January revolution, with both Reuters and Amnesty International among those weighing in. Australian outlet ABC News also notes that Friday marks the one-year anniversary of Australian-Egyptian Hazem Hamouda being held in pretrial detention. Asharq Al Awsat took note of the […]
Posted inEGYPT IN THE NEWS
Business Insider highlights plight (and creativity) of Egypt tourism industry workers
Business Insider highlights plight (and creativity) of tourism industry workers: A struggling souvenir salesman being overly zealous in his trade caught the attention of Business Insider’s Harrison Jacobs, who used the incident (and as a typical khawaja, he had to document on camera) to discuss the struggles of those who have worked in the tourism […]
Posted inON THE FRONT PAGES
El Sisi launches initiative to combat loss of vision diseases, visits new capital
President Abdel Fattah El Sisi paying a visit to the new administrative capital to check on the project’s progress is dominating the front pages of state-owned dailies Al Akhbar and Al Gomhuria. El Sisi also launched a new initiative dedicated to the early diagnosis and treatment of loss of vision, Al Ahram reports. Al Akhbar […]
Posted inEnergy
Alcazar Energy begins commercial operation at USD 68.6 mn Benban solar plant
Dubai’s Alcazar Energy has begun commercial operations at its USD 68.6 mn Egypt Solar 1 PV project in the Benban solar park, the company announced on Wednesday. “The completion marks an important milestone for our company and we are fortunate to play a role in a program of this scale which is testament to the […]
Posted inEnergy
Egypt to sign PPA for Al Nowais coal plant within one month
The Egyptian Electricity Transmission Company (EETC) plans to sign the final power purchase agreement (PPA) with Al Nowais for its USD 4 bn, 2.65 GW coal-fired power plant in Oyoun Moussa within a month, according to an EETC source. EETC has agreed to purchase the power produced from the plant at USD 0.041 per kW. […]
Posted inEnergy
Ganope plans drilling nine new wells in 2H2018-19
South Valley Egyptian Petroleum Holding Company is planning to drill nine new wells in its concessions to reach average crude production of 25,000 bbl/d, Mubasher reports. The company is also planning to offer new concessions in the Red Sea.
Posted inEnergy
EGAS to drill 13 natural gas wells with USD 510 mn investments in FY 2019-20
EGAS is planning to drill 13 natural gas wells in the Nile Delta and Mediterranean area with more than USD 510 mn in investments in FY2019-20, Chairman Osama El Bakly said, according to an Oil Ministry statement.
Posted inEnergy
Egypt’s natgas production to reach 8 bcf/d in FY2019-20
Egypt’s natural gas production is expected to reach 8 bcf/d in FY2019-20, up from 6.6 bcf/d currently, Oil Minister Tarek El Molla said. This is an upward revision from recent Oil Ministry projections that saw Egypt reaching the same figure at a later time in 2021.
Posted inManufacturing
AOI sign MoU with Germany’s DMG Mori for Egypt manufacturing
The Arab Organization for Industrialization (AOI) signed an MoU with German machinery manufacturer DMG Mori to introduce the company’s technology domestically, AOI head Abdel Moneim Al Terras said. DMG Mori manufactures a wide range of industrial products and machinery — including metal cutting machine tools, medical devices and automotive and aerospace components. Al Terras did […]