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Cyprus agrees to foot the entire USD 2 bn bill for the Aphrodite pipeline
Plus: Orascom Construction sees revenues and net income rise in 2025
A EUR 90 mn EU grant is coming our way to support the grid and renewable energy developments
Plus: Smoke price hikes, Madinet Masr taps Al Shorouk Construction for Sarai build-out
Private players move faster than public infrastructure to power the desert via off-grid renewables
Engazaat aims to deploy up to USD 250 mn in off-grid water and energy assets, using zero-capex, pay-as-you-go models to…
Egypt will keep electricity prices frozen through June to give CBE more room for aggressive interest rate cuts
Tariffs have stayed put since the last adjustment in August 2024
Gov’t to hold electricity prices steady to anchor inflation
Good afternoon, friends. It’s another relatively quiet day in the press. In much-welcome news, we might be looking at no…
Egypt signals an end to fire sales with USD 420 mn Gabal El Zeit exit
The government is set to announce the completion of the sale of the 580 MW Gabal El Zeit wind power…
Egyptian capital and engineering power new combined-cycle power plant in Hungary with Elsewedy Electric securing EUR 58 mn from CIB
Plus: Exxon Mobil and Qatar Energy exit North Marakia, FRA greenlights first futures brokers ahead of EGX launch
Egypt leans on toll-booth gas hub model as it navigates gas shortfall
The hub role is built around our ability to reroute and export gas, even if that gas doesn’t originate from…
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