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That 2014 feeling: Rolling blackouts are back as electricity demand soars amid heatwave
Gas supplies have been unable to match soaring consumption driven by the ongoing heatwave
Egypt, Greece explore ways to fund the GREGY interconnector
Three financing options are on the table, an Electricity Ministry source told us
ACWA Power receives land in Sohag for 10-GW mega wind farm
Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt…
Rate hikes fuel profit surge among big US banks
PLUS: Oil market shows signs of tightening as Brent price passes USD 80
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
SolarizEgypt to invest up to USD 50 mn in Africa solar projects this year
The company is also planning to USD 100 mn at home over the next three years
Maersk bids to acquire Zafarana wind farm
The project is one of two large-scale wind farms the government wants to sell under its privatization program
Qalaa Holding 1Q 2023 revenues up
Revenues increased rose 62% on strong refining margins at the Egyptian Refining Company
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