Electricity Ministry and ECB Developing Renewable Energy Fund

• Tuesday, 8th December 2015
• by Egypt Oil & Gas

The Ministry of Electricity and the Egyptian Central Bank (ECB) are in consultations over the creation of a renewable energy fund to support the foreign currency requirements of alternative energy projects.

EGPC Seeks to Delay Dollar Payments to Banks

• Tuesday, 8th December 2015
• by Egypt Oil & Gas

The Egyptian General Petroleum Company is negotiating with banks to delay dollar payments it owes, as foreign currency requirements are not being met by the Egyptian Central Bank.