El Molla outlined Egypt's revised goals for national emissions reduction contributions, aiming to expand the country’s use of green energy and achieve a 42% integration of renewable energy into the energy mix by 2035
Madbouly said more than 1,000 private sector companies that take part in national programs which will help improve the Egyptian economy on all levels
The meeting, co-chaired by High Representative Josep Borrell and Egyptian Foreign Minister Sameh Shoukry, focused on the success of the Economic and Investment Plan, which aims to mobilize €9 billion in investments for critical areas such as food, water, and energy
During the meeting, Kazbekov expressed the NDB's keenness to expand investments in Egypt and foster closer collaboration between the bank and the electricity sector
The implementation of the project will take place within privately operated free zones and will be executed over two phases
The initiative is worth $2.5 million.
The Egyptian Cabinet's Information and Decision Support Center (IDSC) issued a report Monday expecting that Egypt's transition to a renewable energy system will increase the demand for metals by at least four times by the year 2040.
Emphasizing the strong relations between the EBRD and Egypt, Madbouly called on the bank to expand the scope of cooperation on renewable energy projects between the two
Shaker added that an international consultant from Belgium was contracted to conduct a comprehensive study of the cost of supporting and developing the electricity transmission network in Egypt.
Egypt has witnessed a remarkable transformation in the electricity sector and has become a role model for many countries, as exceptional achievements have been made.
President Abdel Fatah al-Sisi was briefed Thursday on the executive status of investments in the Suez Canal Investment Zone (SCzone).
The government and Actis commenced discussions on the sale following an announcement by Minister of Planning and Economic Development Hala El Said last month
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.
Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, confirmed that Egypt aims to reach 60 percent of dependence on renewable energy by 2040.
Indian Prime Minister Narendra Modi said Egypt and India are moving forward quickly to achieve the goal of boosting their trade exchange to $12 billion within five years, the Egyptian Cabinet said in a statement.
Prime Minister Mostafa Madbouli attended Tuesday evening the signing of an agreement between the Ministry of Electricity and Renewable Energy and the Abu Dhabi Future Energy Company (Masdar).
President Abdel Fatah al-Sisi received Monday CEO of Scatec Terje Pilskog holding talks on the projects carried out by the company in the fields of renewable energy and green hydrogen.
Egypt’s Samcrete was awarded two contracts valued at €36.6 million to build new sewage networks and pump stations in Fayoum and Al Kharafi will design and build a new wastewater treatment plant with a 35k cbm/d capacity in a €23.9 million contract.
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba held a meeting Wednesday with the representatives of Mytilineos Holdings.
Egypt is expected to become Africa's top wind power generator by 2030, according to the Information and decision support center affiliated with Egypt’s Cabinet.