Eni to invest $7.7B in Egypt over 4 years

Sun, 03 Sep 2023 - 03:06 GMT

CEO of Eni, Claudio Descalzi, said in a Sunday meeting with President Abdel Fattah el-Sisi that the Italian energy company and its partners will inject new investments worth $7.7 billion over the next four years in Egypt.

EBRD official lauds Egypt capabilities to produce green hydrogen

Thu, 03 Aug 2023 - 06:54 GMT

The Egyptian government plays an important role in the production of green hydrogen in cooperation with the private sector.

Egypt conducts studies to expand electricity linkage with Libya, Jordan

Wed, 05 Jul 2023 - 01:57 GMT

Studies are also being conducted to accomplish electricity linkage with African states capitalizing on their hydropower capabilities.

$5B wind farm to be built by Norway's Scatec in Egypt to produce 5GW of electricity annually

Wed, 05 Jul 2023 - 12:59 GMT

The New and Renewable Energy Authority will secure a land plot for Norway's Scatec ASA to build a wind farm western Sohag as per an agreement they signed Wednesday.

Egypt's electricity sector registers steady growth, experiences surge in generation, purchases

Sat, 24 Jun 2023 - 04:31 GMT

Over the past eight years, Egypt has successfully added 31,000 megawatts of electricity generation capacity.

Discussed: Egypt's integrated strategy to decarbonize, reduce emissions

Wed, 14 Jun 2023 - 09:14 GMT

The petroleum sector has succeeded in taking many steps and measures in the field of energy transition and reducing emissions.

Australian consortium to launch an $875M phosphoric acid production plant

Tue, 30 May 2023 - 04:29 GMT

The consortium will establish a company named Osiris to implement the project which will be located in the city on the Red Sea coast, with a total annual production capacity of 692K tons.

10 things to know about Silicon Production complex project in New Alamein

Wed, 10 May 2023 - 08:30 GMT

This comes within the framework of the vision to achieve optimal economic benefit from natural and mineral resources, while the following is the most important information related to the project:

Data centers to consume 20 pct of world’s power by 2025: NTRA

Wed, 10 May 2023 - 07:38 GMT

Global reports predict that data centers are set to consume 20 percent of the world’s power by 2025, said Hosam El Gamal, CEO of the National Telecom Regulatory Authority (NTRA).

Security threats, green hydrogen on top of talks between Egyptian President, Austrian chancellor

Thu, 27 Apr 2023 - 02:38 GMT

President Abdel Fatah al-Sisi received Thursday Austrian Chancellor Karl Nehammer at Al Itihadiyah Presidential Palace to hold talks, and later, they held a joint press conference.

Greece's Mytilineos Holdings aims for investing in Egypt

Wed, 29 Mar 2023 - 02:56 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba held a meeting Wednesday with the representatives of Mytilineos Holdings.

Egyptian FM, European commissioner confer over illegal migration, economic cooperation

Sun, 26 Mar 2023 - 03:35 GMT

Minister of Foreign Affairs Sameh Shokry received Sunday Commissioner for Promoting European Way of Life Margaritis Schinas.

Egypt, Germany discuss investment in energy sector

Sun, 12 Mar 2023 - 05:47 GMT

The meeting tackled ways of boosting cooperation with the electricity and renewable energy sector.

China’s CIEG to establish giant $5-8 billion green hydrogen project in Egypt: Chairman

Sat, 11 Mar 2023 - 05:24 GMT

During the meeting, Sisi hailed the firm and special relations between Egypt and China, extending congratulations to President Xi Jinping on his reelection for another term.

To what extent will renewable energy projects be affected by current economic crisis?

Tue, 07 Mar 2023 - 04:25 GMT

Additionally, the minister cited decreasing the price of renewable energy to $2.3 cents for one kilowatt (kW) of solar energy and $2.4 cents for one kilowatt (kW) of wind energy – lowest prices globally – and the exempt released earlier this year for solar energy projects, as great incentives for investors in the sector.

1st reactor at Egypt's Dabaa Nuclear Power Plant to be almost ready for operation in March 2023

Mon, 06 Mar 2023 - 01:03 GMT

The Egyptian Nuclear and Radiological Regulatory Authority announced in June the issuance of the permit to build the first reactor at Al Dabaa Nuclear Power Plant.

Egyptian firms, Uzbek government sign 7 MoUs in 5 sectors

Sun, 19 Feb 2023 - 03:37 GMT

The General Authority for Free Zones and Investment (GAFI) hosted Sunday in Cairo the meetings of the Egyptian-Uzbek Business Council.

Egypt to launch 1st-ever bid for obsolete energy fields

Wed, 15 Feb 2023 - 05:37 GMT

Molla said during a press conference held Wednesday at the Egypt Petroleum Show (EGYPS 2023) that details about the bid will be announced before the end of February.

Egypt's President Sisi Meets President of Greek Copelouzos Group

Sat, 11 Feb 2023 - 04:47 GMT

The meeting touched on opportunities for cooperation with the Greek Group to implement electricity production projects from renewable energy sources in Egypt, and transfer them to Europe through Greece via the electrical connection between the two countries, Fahmy said.

Italy welcomes legal migrants from Egypt, aims for bigger energy cooperation: FM Antonio Tajani

Sun, 22 Jan 2023 - 12:28 GMT

The minister elaborated that Italy wants to establish an energy hub in Europe in cooperation with other Mediterranean states.