GE Vernova wins order for power plant upgrades, long-term services in Egypt
GE Vernova announced on Wednesday that it has secured an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), to carry out upgrade and service projects at the Banha and Nubaria power plants.
Egypt aims to boost mining to 6% of GDP, plans first aerial survey since 1984
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources
French companies plan new renewable energy projects in Egypt, ambassador says
French companies are planning multiple new projects in Egypt’s clean and renewable energy sectors in the coming period, the French ambassador to Cairo confirmed during discussions on national power grid modernisation with Egypt’s electricity minister. Ambassador Eric Chevallier stated that
Al-Sisi, Russian aide Patrushev discuss Suez Canal industrial zone, El Dabaa nuclear plant in Cairo
Egypt and Russia are advancing cooperation on maritime navigation and major joint infrastructure ventures, including the El Dabaa nuclear power plant and a Suez Canal industrial zone, officials announced following discussions in Cairo on Monday. The talks between Egyptian President
Egypt produces 1.1 million tonnes of methanol annually to meet demand, boost exports
Egypt produces around 1.1 million tonnes of methanol annually, meeting domestic industrial demand while exporting surplus volumes to global markets, Minister of Petroleum and Mineral Resources Karim Badawi said. Speaking at the general assembly meeting of Methanex Egypt to approve
Oil and gas prices surge as Iran re-closes Strait of Hormuz
Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy’s seizure of an Iranian ship, halting all shipping traffic through the vital energy corridor. The turbulent weekend escalation
Egypt deepens energy partnership with Huawei to enhance grid efficiency
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has held talks with executives from Huawei to expand co-operation in renewable energy, energy storage technologies, and smart grid solutions, as part of the country’s broader strategy to modernise its electricity
Electricity Minister explores digital grid optimisation with Nexus Analytica
Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from Nexus Analytica, led by CEO Wissam El-Baz, at the Ministry’s headquarters in the New Administrative Capital. The meeting was attended by Mona Rizk, Chairperson of the Egyptian
Egypt’s EPROM reports record EGP 1.586bn profit in 2025 amid international expansion
The Egyptian Projects Operation and Maintenance (EPROM) recorded the highest net profit in its history at EGP 1.586bn for 2025, marking a 44% increase from EGP 1.096bn the previous year, as the company expanded operations into Nigeria and Iraq, the
Madbouly, Rosatom chief review progress on El Dabaa nuclear project
Egyptian Prime Minister Mostafa Madbouly met with Alexey Likhachev, Director General of Rosatom, to review the latest developments in the implementation of the El Dabaa Nuclear Power Plant and explore opportunities to expand bilateral cooperation. The meeting was attended by