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Acwa reaches financial close on USD 1.2 bn Gulf of Suez project
The funding includes a USD 275 mn loan from EBRD
Orascom Construction, Engie, Toyota Tsusho, and Eurus Energy kick off commercial operations at Ras Ghareb wind farm
The 650 MW wind farm is set to reduce carbon emissions by 1.3 mn tons annually
Egypt, Greece, Cyprus talk energy, regional politics at trilateral summit
El Sisi noted that Egypt is looking forward to receiving Cypriot gas at its LNG facilities for liquefaction and re-export…
Increased production to cut annual energy import bill by USD 1.5 bn starting 2025
Good morning, folks. We hope that those who celebrated Coptic Christmas enjoyed some meaningful time with their family and friends…
Hassan Allam and ACWA Power get government approval for 1.1 GW Gulf of Suez wind farm
The wind farm’s 1.1 GW capacity will mark it as the largest wind project in both Africa and the Middle…
Gov’t greenlights 252 MW wind power expansion at Gabal El Zeit
The wind farm has long been on the government’s privatization short list
Suez Canal extension trial run opens the door for up to eight additional vessels per day. PLUS: Aman + Jarir Bookstore + Al Manea, Eni, Telecom Egypt
The extension increases the length of the canal’s two-way section to 82 km — up from 72 km
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