News / Egypt

Government Installs 1.1 MM Prepaid Meters in H1 2019

The Ministry of Electricity has installed around 1.1 million prepaid meters across Egypt this year.

NREA to Launch Solar Power Project in Hurghada

The National Renewable Energy Authority (NREA) will announce next month a tender to establish a 20-megawatt (MW) solar power plant in Hurghada.

NDECO Invests EGP 80 MM in Underground Power Cables

North Delta Electricity Distribution Company (NDECO) has allocated EGP 79.9 million to replace overhead power transmission lines with underground cables.

Egypt Plans More Oil Hedging Contracts

The Egyptian government is planning to double the number of crude oil hedging contracts for fiscal year (FY) 2019/20.

Egypt Launches Training Program for African Energy Calibers

The Ministry of Electricity has launched a training program on "Policy, Financing, and Implementation of Energy Projects" in cooperation with the Egyptian Electricity Holding Company with participants from 12 African countries.

GTUPW Launches New Mobile App

The General Trade Union for Petroleum Workers (GTUPW) has launched a first of its kind mobile application.

Egypt Converts 267,000 Natural Gas Vehicles

The number of vehicles that have been transformed to run on natural gas reached 267,000 by the end of July.

Fuel Consumption Decreases by 5% in July

Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Egyptian Students Win Shell’s Imagine the Future Competition

Shell announced that the team representing Zewail City of Science and Technology, Sound Clash, has won “Imagine the Future” international competition.

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