Schneider Electric to Maximize Investments in Egypt
Schneider Electric is co-working with the Egyptian government to dispatch control centers for the electricity grid, which President Abdel Fattah El Sisi has placed as a national priority.
News / Egypt
Roundtable in Egypt Discusses Investing in Renewable Energy
Chairman of New and Renewable Energy Authority (NREA) Mohamed El Khayat inaugurated a roundtable that discussed investment potentials in renewable energy and sustainable development in Egypt.
AFDB to Increase Egypt’s Energy Sector Financing
African Development Bank Group (AFDB) aims to increase its funding to Egypt in the coming period to implement projects in the energy sector.
First Egyptian Takes SEG Chairmanship
Maurice Nessim, President at WesternGeco, Schlumberger, has won the Chairmanship of the Society of Exploration Geophysicists (SEG), which is the most famous international organization of applied geophysics in the world, based in Houston, Texas.
El Molla Reviews Petroleum Strategy at World Economic Forum
The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the Egyptian strategy to achieve transparency and fight corruption at the Sustainable Development Impact Summit in the World Economic Forum, New York.
New Discoveries to Help Increase Egypt’s Growth Rate
Kypreos pointed out that the fact that the Egyptian government settled its due payments to foreign oil companies, as well as the recent oil discoveries, had its positive impact on the country’s balance of payments and oil exports.
Egypt to Export Electricity to Iraq
Egypt plans to export electricity to Iraq through the interconnector with Jordan, with an increasing capacity reaching 2,000 MegaWatt (MW).
Egyptian Government Secures Butane’s Strategic Reserves
The Egyptian government has prolonged the butane’s strategic reserves to 32 days, compared to only 15 days earlier as strategic reserves increased after building up two reserves in Alexandria and Sohag provinces during the past three years.
Enppi Assists Saudi Aramco to Recover Oil Facilities
Engineering for the Petroleum & Process Industries (Enppi)Â has been cooperating with Saudi Aramco to repair the drones-hit Shaybah oil field as well as Abqaiq and Khurais refineries in the aftermath of the allegedly Iranian strikes that targeted Saudi oil industry.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
