President Abdel Fattah El Sisi has witnessed the ending of the drilling operations of Ahmed Hamdy Tunnel 2 implemented by Petrojet under the Suez Canal.

President Abdel Fattah El Sisi met with the US Energy Secretary Rick Perry to discuss US investments in the area of exploration and production (E&P) and petrochemicals in Egypt.

Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, affirmed that the final binding contract for the Dabaa nuclear plant, that will remain in effect for 60 years, is to be endorsed soon.

Egypt's President, Abdel Fattah El Sisi, asserted that nuclear energy plays a vital strategic role for the country in terms of increasing its power generation capacity necessary for accomplishing social and economic development plans.

Egypt's total cost of fuel subsidies has dropped by 42% to record low of EGP 26b in the first half of the current fiscal year, down from EGP 45b in the same period a year earlier.