News / Egypt

El Sisi Meets with IMF’s Chief

The Egyptian President, Abd El Fattah El Sisi, discussed the International Monetary Fund's (IMF) loan program for Cairo with the IMF's Managing Director, Christine Lagarde.

Egypt, Saudi Open Tender for Electricity Interconnection Project

The Egyptian Electricity Transmission Company and Saudi Arabia opened the financial and technical tender for the Saudi-Egypt electricity interconnection project. The applicants include Alstom, ABB, and Siemens.

Egypt Mulls Returning to Libya

The Egyptian General Petroleum Corporation (EGPC) and Egypt’s Petrojet held meetings in Tripoli to establish joint agreements between the two countries.

Egypt, Kuwait Renew Oil Supply Contracts

Kuwait Petroleum Corporation (KPC) renewed two 3-year commercial contracts with the Egyptian General Petroleum Corporation (EGPC) to supply Egypt with 2.5m tons/y of petroleum products and 2mb/m of crude oil.

UEEPC to Buy Electricity from Infinity Solar

The Upper Egypt Electricity Production Company (UEEPC) signed a contract with Infinity Solar to acquire the electricity produced at the company's 1MW solar power plant in 6th of October.

El Molla Discusses the Future of Oil and Gas at JIES

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla,attended the third Jordan International Energy Summit (JIES) and discussed the future of energy in the region and the challenges and opportunities for the sector's investments.

Jordan Signed New Petroleum Agreements

On the Sidelines of the third Jordan International Energy Summit, Jordon signed 7 new energy agreements.

NREA Launches Wind Farm Tender

The Egyptian New and Renewable Energy Authority (NREA) has launched a tender to build a 250MW wind plant in the Gulf of Suez.

Investors to Acquire Solar Energy Projects in FiT

Ten investors submitted requests to the companies participating in the second phase of the FiT project.

Fuel Prices Hikes Expected Next Fiscal Year

Egypt's government is planning to raise fuel prices next fiscal year in effort to keep subsidies spending on budget.

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