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Will electricity subsidies be a thing of the past by the summer of ‘29?
Electricity subsidies for the current fiscal year stand at EGP 75 bn
Madbouly talks blackouts, price cuts, EV localization during latest presser
Madbouly said the heatwave pushed power demand to a record 39.4 GW earlier this week
Contractors are expanding abroad to tap into regional construction booms
Despite the many upsides, local contractors expanding abroad face steep financing and regulatory challenges
Gov’t to offer industrial wastewater treatment plants to be developed through PPPs
PLUS- Summit Technology Solutions is looking to expand into Iraq
Gov’t slaps factories with fines for water overconsumption
The Holding Company for Water and Wastewater is billing manufacturers for exceeding newly imposed consumption quotas
Orascom Construction to move to ADX
PLUS- More Chinese textile companies are kicking the tires on investment opportunities in Egypt
Gov’t weighs delaying electricity price hikes until early next year
The proposed electricity price increases could range from 15% to 40%
Electricity consumption peaked yesterday
Good morning, everyone. It’s a good news morning after the EGP notched a nine-month high against the greenback — and…
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