The Egyptian Ministry of Electricity and Renewable Energy contracted with Tractebel Engineering Consultancy Company to evaluate technical and financial offers for establishing a coal-fueled power plant.
Schneider Electric Egypt started negotiations with the Ministry of Electricity and Renewable Resources in order to increase the value of contracts after EGP devaluation and price increase.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed Rosetta and Burullus Company's budget, as well as that of Badr El Deen Petroleum (BAPETCO) for fiscal year 2017/2018.
Egyptian President, Abd El Fattah El Sisi, met with Minister of Petroleum and Mineral Resources, Tarek El Molla, to review the ministry's plan as a part of Egypt's strategic development program.