energy
In one of the 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Minister of Finance Mohamed Mait displayed figures on the performance of the Egyptian economy during the COVID-19 crisis and plans for the future.
Kaeser and Nunn opened a Siemens Smart Clinic in Shubra el Kheima.
On his side, Siemens AG president and CEO expressed the company's aspiration to develop its activities in Egypt.
President Abdel Fatah al-Sisi has thanked the Egyptian people for not responding to recent "destructive calls" for demonstrations, saying the state will always choose to reform rather than leave people in difficult conditions.
In spite of the increasing care given to renewable energy, particularly solar and wind, bioenergy is still overlooked.
Wakil pointed out that the agency applied for the permit on March 10, 2019, and that it currently works on the remarks it received.
Shaker affirmed the strength of economic, trade and social ties with Yemen, noting that revitalizing Egypt's relations occupies a distinguished position in all Egyptian political and diplomatic circles.
The first phase of the linkage was officially launched earlier this year after experimental operation was carried out successfully.
The dam and the hydropower plant are executed by a coalition of Arab Contractors and El Sewedi Electric.
In light of the decline of oil prices, Egypt increased its crude oil imports in the first two months of 2020.
The share of renewable energy in the total amount of power generated in Egypt annually is speculated to remain the same in 2020 compared to 2019.
Egypt spent LE 60.1 billion on fuel subsidies in the same period a year earlier.
They also took up the mechanism of activating the joint government agreement on extending pipelines in order to transmit the Cypriot gas to Egypt's EDCO plant.
The capacity of the first phase being operated is 50 megawatts.
Egypt's current success in the energy sector is mainly attributed to a visionary political leadership and a strong belief in and awareness of the country’s potential.
Egypt Today shot photos and a video of the world’s largest wind farm, Gabal Al Zeit having a capacity of 500 MW and 390 turbines.
Eleven financial and technical agreements were signed on Saturday.
Madbouly highlighted that Egypt is on the right track.
The corporation shares with the Egyptian government in boosting investment in natural gas to ensure that all Egyptians are benefiting from it, he added.
Prime Minister Mostafa Madbouly met on Sunday Chairman of GK Medical Management to discuss the project.