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Egypt committed to working with US, highest standards in gas projects
El Sisi meets with Noble Energy boss, says Egypt is committed to strengthening ties with the US: A meeting between…
Egypt’s industry could catch a break from high electricity prices, gov’t to announce new rates “in days”
Manufacturers could catch a break as gov’t looks set to announce new electricity prices for industry today: Industrial producers could…
Egypt expects subsidy spending to come in EGP 13 bn below budget in FY2018-2019
EXCLUSIVE- FinMin expects subsidy spending to come in EGP 13 bn below budget this fiscal year thanks to lower oil…
General Electric, ENPPI to build Assiut electricity transmission station
General Electric and petroleum contractor Enppi were awarded a contract to construct a USD 25 mn electricity transmission station in…
Egypt’s annual electricity production from renewables hits 6 GW
Egypt is now generating 6 GW of electricity from renewables each year, with 2 GW coming from solar and wind…
Earnings watch: Qalaa Holdings reports EGP 1.35 bn net profit in 2018
EARNINGS WATCH- Qalaa Holdings has reported a net profit of EGP 1.35 bn in 2018, compared to a loss of…
Egypt offers 13 LNG cargoes in auction
The Egyptian Natural Gas Holding Company (EGAS) is offering 13 LNG cargoes in a number of auctions for shipment in…
Cabinet denies reports suggesting Egypt’s home electricity prices will rise 30-60%
Gov’t (sort of) denies reports suggesting home electricity prices will rise 30-60%: The Madbouly Cabinet denied yesterday domestic press reports…
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