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EETC finally splits from EEHC in move to liberalize the electricity market
Following the split, the EETC will exclusively manage electricity transmission and grid operations
Load shedding resumption plans shelved?
Good morning, folks. As we enter the second half of this shorter than usual workweek, tourism investment news is leading…
Egypt launches USD 660 mn ethane gas import company. PLUS: News from Banque du Caire, Tourism Ministry,
The company aims to import 1.1 mn tons of liquefied ethane gas a year
Egypt x COP28: A rundown of climate change commitments, investments, and agreements signed during the conference
Egypt has forged a number of partnerships with companies and organizations from around the world to firm up its commitment…
We’re in for more support from the AfDB. PLUS: News from EEHC, Techno Frame, Agriculture Ministry
DEVELOPMENT FINANCE- A new support package from the AfDB: The African Development Bank (AfDB) has signed off on a USD…
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Apache to invest USD 1.4 bn in Egypt in 2024. PLUS: Cairo International Airport Terminal 4, another GASC wheat tender + new solar tender
The US oil company is interested in exploring for gas in the Eastern Mediterranean
Are state energy firms getting EGP 20 bn in loans to address the energy crisis?
Half the money will go to power plant maintenance, and half to mazut imports
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