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Our long-awaited electricity rate hikes are here, capping off a busy summer of subsidy reform
Those in the highest two consumption brackets will see their rates rise between 35-40%
Mitsubishi and another undisclosed Japanese firm selected to set up Hurghada’s 20 MW solar power plant
The facility will be Egypt’s first solar station to be equipped with a battery to store energy
New electricity bill late fines incoming
Good morning, folks. As expected, the month is already off to a busy start with big renewable investment news, M&A…
Gov’t to hike industrial electricity prices this month
Low-consumption industries will reportedly avoid electricity tariff hikes
Households are already being charged higher electricity prices -reports
This marks the second round of electricity price increases this year, following earlier hikes in January
Electricity Ministry reportedly eyeing electricity price hikes starting next month
Good morning, friends. Once again, energy news, efforts to localize industry, and earnings from some of the country’s biggest companies…
Gov't eyes two new hydropower projects in Upper Egypt
The government is looking into setting up two pumped storage hydropower projects in Luxor and Qena
Azimut one step closer to launching shariah-compliant fund after getting FRA approval. PLUS: Neom, LRT, Adeer + Hassan Allam Properties + Melee Development
The fund will invest in stocks listed on the EGX’s newly-launched shariah-compliant EGX33
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