{"id":686484,"date":"2026-02-16T00:00:00","date_gmt":"2026-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/16\/govt-targets-gas-and-renewables-to-secure-the-grid\/"},"modified":"2026-02-16T00:00:00","modified_gmt":"2026-02-16T00:00:00","slug":"govt-targets-gas-and-renewables-to-secure-the-grid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/16\/govt-targets-gas-and-renewables-to-secure-the-grid\/","title":{"rendered":"Gov\u2019t targets gas and renewables to secure the grid"},"content":{"rendered":"

Good afternoon, friends.<\/strong> We\u2019ve got a rather brisk issue in store for you today as we inch closer and closer to Ramadan \u2014 speaking of which, we caught up with Egyptian food entrepreneur Yasmine El Gharably to talk all things Ramadan, gatherings, and food. <\/p>\n

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THE BIG STORY TODAY-<\/p>\n

\ud83d\udccd More<\/strong> good news ahead of temps going up: <\/strong>The government is moving to secure our natural gas supplies in the near future through a multi-pronged approach including a boost in domestic production, LNG cargo imports, and expanding renewable energy generation capacity, a senior government source tells EnterpriseAM.<\/p>\n

No power cuts? <\/strong>We can breathe a sigh of relief because if all goes to plan, there will be no need to implement load shedding this summer, our source says. <\/p>\n

^^ Read more on this story in tomorrow\u2019s edition of EnterpriseAM.<\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

\ud83c\udf10 AI fears continue to rattle the stock market<\/strong> as shares of French software developer Dassault Systemes fell nearly 8% before the company briefly halted share trading this morning. Skepticism over AI spending has led to sharp market value declines in the world\u2019s most valuable technology stocks: Microsoft saw a 17% drop in shares YTD, wiping out more than USD 600 bn in market value, while Amazon fell nearly 14%, erasing about USD 343 bn. Market values for Nvidia, Apple, and Alphabet have also seen drastic declines. <\/p>\n

^^Read more on Bloomberg<\/a>, CNBC<\/a>, and Reuters<\/a>. <\/p>\n

ALSO- Warner Bros. Discovery is still making the rounds in the business press as it reportedly reconsiders talks with Paramount. <\/strong>The move follows Paramount\u2019s hostile USD 108 bn bid, which was seen as an attempt to derail a potential tie-up with Netflix.<\/p>\n

^^Read more on The Guardian<\/a>.<\/p>\n

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