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EETC inks transformer station and power purchase contracts
The Egyptian Electricity Transmission Company (EETC) signed a EGP 200 mn contract yesterday with a consortium of Chinese companies to…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
Egypt to increase wheat cultivation area to 3.5 mn feddans this season
Egypt will increase its wheat cultivation area to 3.5 mn feddans this season, up from 3.16 mn feddans during the…
Egypt’s USD 4 bn Benban solar power park is now complete
Ladies and gentlemen, the USD 4 bn Benban solar power park is complete. Built over the course of more than…
Vestas awarded tender for 250 MW Ras Ghareb wind plant
The New and Renewable Energy Authority (NREA) has awarded the tender to build a 250 MW wind energy plant in…
Egypt in the News on 27 October 2019
The foreign press is back to coverage of the fallout from last month’s protests. BuzzFeed is claiming that Twitter suspended…
Cabinet signs off on Egypt’s waste-to-energy tariff at EGP 1.40 / kWh
CABINET WATCH- Gov’t signs off on waste-to-energy tariff: The Madbouly Cabinet approved yesterday setting the feed-in tariff (FiT) rate for…
Suez Canal revenues under threat as Russia looks to step up Arctic shipping route
Suez Canal revenues could come under threat as Russia looks to expand Arctic shipping route: Russia plans to make cargo…
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