Electricity
Minister of Electricity and Renewable Energy Mohamed Shaker stated Tuesday that the draft agreement has been finished.
Minister of Foreign Affairs Sameh Shokry met Monday with President of the European Investment Bank Werner Hoyer within his visit to Luxembourg.
The signing took place in the New Administrative Capital and was attended by Prime Minister Mostafa Madbouli.
Secretary-General of the Arab League Ahmed Abul Gheit said on Sunday that the Russian-Ukrainian war could last for years, hoping that the Arab world would cooperate in a wise way to face the current global crisis.
"There were negative effects on everyone and different sectors suffered from power interruptions, where loads before the year 2014 reached 3-4 thousand megawatts," he explained.
The Ministry of Electricity launched mobile applications and a platform through which citizens can request to shift to installation system of code meters, while other services will be provided through other applications.
The minister noted that this comes with the commitment to provide the financial allocations required to quickly respond to the export burdens of exporters.
The implementation of a solar cell plant in Zafarana area to produce electricity with a capacity of 50 MW is underway, according to the New and Renewable Energy Authority.
The Ministry of Planning and Economic Development indicated in a statement Thursday.
The Egyptian Ministry of Electricity and Renewable Energy, represented by the Nuclear Power Plants Authority, is preparing to start work on pouring concrete for the first nuclear reactor to generate electricity with a capacity of 1,200 megawatts at the Dabaa plant.
The spokesperson of the Egyptian Armed Forces, Colonel Gharib Abdel Hafez, stated in a phone-in Saturday evening that the elimination of terrorism over the past years was not merely a security work.
UN COP27 is set to be held in Sharm El-Sheikh city in November.
SE Regional Cluster President for Middle East and Africa Walid Sheta said the company is willing to closely cooperate with the Egyptian Government.
The future of renewable energy in Egypt is far more promising than that in Europe if the human factor from laws and decision makers will earnestly pave the way since nature gives the country all the ingredients for success.
Lebanese Energy Minister Walid Fayad said his country is close to signing a contract in the coming days to import natural gas from Egypt after getting the World Bank's funding.
Between Europe's energy crises and need for reliable supply, Egypt has the potential through electricity linkage.
He said there is an international interest in investing in Egypt, especially in the energy domain.
The two ministers stressed the importance of the East Mediterranean Gas Forum as a multilateral cooperation framework in the energy field.
At the beginning of the meeting, the electricity minister lauded the distinguished Egyptian-Cypriot relations, asserting the great interest paid by the political leadership and the government to foster cooperation with Cyprus.
The executive bureau's meeting would be followed by the 14th edition of the Arab Ministerial Council for Electricity on March 20.
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