News / Egypt
Ships Collide in Egypt’s Suez Canal
Two container ships collided in Egypt's Suez Canal early on Saturday, delaying traffic through a vital global trade route for several hours, sources in the canal authority said.
Kuwait’s Alghanim signs MoUs Worth $1.6bn for Energy Projects in Egypt
Egypt has signed preliminary deals with Kuwait's privately-owned Alghanim International for two energy-related projects worth a total of $1.6bn.
Petroleum Minister: No Increase in Energy Prices in July
The Cabinet has decided to postpone the hike in energy prices, scheduled for July, due to the worldwide decline in prices of oil, Petroleum Minister Sherif Ismail said.
Dana Gas to Ramp up Production in Egypt
Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.
Egypt Selects 115 Bidders for Renewable Energy Projects
The government has narrowed down its choice to 115 bidders to carry out nation-wide renewable energy projects.
UN Aids Local Solar Manufacturing in Egypt
The UN Industrial Development Organization (UNIDO) has initiated a project to boost local solar manufacturing capacity in Egypt.
Egypt’s LNG Imports to Hit $3.55 bn
Egypt will import around $3.55 bn worth of liquefied natural gas (LNG) in the current financial year, EGPC says.
Egypt’s Oil Exports Drop
CAPMAS reported last Sunday a 22.1 percent drop in exports' value, standing at EGP12.03 bn in January 2015, in comparison to last year’s EGP15.44 bn.
