Egypt’s PM reviews energy projects, investment attraction efforts
Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review the progress of ongoing energy projects and discuss initiatives to attract further investments into the sector. At the start of
Australian mining group Hunter & Co. to invest in Egypt following legislative overhaul
Australian mining group Hunter & Co. has expressed its intent to launch investment projects and establish strategic partnerships within the Egyptian mining sector, according to a statement released by the Ministry of Petroleum and Mineral Resources on Sunday. The decision
Madbouly says Egypt has paid $5bn of arrears to foreign oil partners
Egypt has paid approximately $5bn of outstanding arrears to foreign partners in the petroleum sector and remains committed to settling regular monthly invoices, Prime Minister Mostafa Madbouly said on Wednesday. Speaking during a weekly cabinet meeting at the government headquarters
Kemet, TBEA sign MoU to establish Egypt’s first inverter manufacturing plant
Mahmoud Esmat, Minister of Electricity and Renewable Energy, witnessed—at the conclusion of his official visit to China—the signing of a memorandum of understanding (MoU) between Egyptian company Kemet and China’s TBEA. The agreement covers cooperation in renewable energy, the transfer
Egypt green hydrogen project begins exports to European and US markets
A 100MW green hydrogen project in Egypt’s Suez Canal Economic Zone (SCZONE) has commenced partial production and started exporting to European and United States markets, according to a government statement released on Tuesday. Prime Minister Mostafa Madbouly met with a
Egypt signs preliminary financing agreements for $1.8bn Energy Valley project
Prime Minister Mostafa Madbouly witnessed, on Monday, the signing of preliminary financing agreements for the Energy Valley sustainable energy project, with investments approaching $1.8bn, on the sidelines of the inauguration of the first phase of the Obelisk Solar Power Project
Electricity, petroleum ministers review preparations to meet higher summer energy demand
Mahmoud Esmat, Minister of Electricity and Renewable Energy, and Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting on Wednesday to review and assess the action plan as part of ongoing preparations to meet the expected increase in
Egypt, Qatar sign MoU to expand cooperation in energy
Egypt and Qatar have signed a memorandum of understanding (MoU) in Doha to strengthen cooperation in the energy sector, particularly in the sale and import of liquefied natural gas (LNG), as well as other areas of energy collaboration. The MoU
Egypt completes 90% of first-phase gas connections for ‘Decent Life’ initiative
Egypt has completed 90 per cent of the planned natural gas delivery works for the first phase of the “Decent Life” (Haya Karima) presidential initiative, Petroleum Minister Karim Badawi said on Tuesday. During a meeting with Prime Minister Mostafa Madbouly
Egypt explores localisation of electrical equipment manufacturing with Chinese firms
Mahmoud Essmat, Minister of Electricity and Renewable Energy, concluded his meetings and field visits during his current trip to China with a series of discussions aimed at strengthening cooperation and advancing the localisation of electrical equipment manufacturing in Egypt. The