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Egypt to export USD 2 bn worth of natural gas next fiscal year
Egypt is expected to export 12 mn tonnes of natural gas worth USD 2 bn in FY2019-20, EGPC official Ayman…
Home electricity prices could rise 30-60% in July as Egypt phases out subsidies
Residential electricity prices could increase by 30-60% after the next round of subsidy cuts that will take place at the…
Acwa submits lowest price in Egyptian Electricity Transmission Co’s 200 MW Kom Ombo solar plant tender
Acwa Power has submitted the best offer in the Egyptian Electricity Transmission Company’s (EETC) tender to build a 200 MW…
What we’re tracking on 14 May 2019
Good morning, friends, and welcome to the slowest news morning yet of Ramadan. Business is moving at a snail’s pace…
Saudi’s Alfanar to build USD 250 mn wind plant in Egypt
Saudi-based Alfanar Company is planning to build a USD 250 mn wind power plant in Egypt by no later than…
Government to decide on new electricity rates by May-end
Government to decide on new electricity rates by the end of May: The Egyptian Electrical Utility and Consumer Protection Regulatory…
What we’re tracking on 13 May 2019
Week one of Ramadan is now over, ladies and gentlemen. Look for amendments to the mineral resources act to go…
Empower seeks USD 154 mn in funding from banks
Renewable energy company Empower is currently in talks with local and international banks for a USD 154 mn loan to…
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