power grid | Egypt Oil & Gas

Electricity Ministry Invests EGP 4.1 B in Grid Development

The Ministry of Electricity has pumped investments of around EGP 1.4 billion in three governorates, El-Beheira, Matrouh, and El-Menoufia, between H2 2017 and June 2019, Al Mal reported. Around 3,698 kilometers of low ...

Egypt, Sweden Discuss Cooperation in Energy Projects

The Minister of Electricity, Mohamed Shaker discussed with the Swedish Minister of State for Foreign Trade, Niklas Johansson, cooperation between the two countries in renewable energy projects, Al Ahram reported. The ...

Record Loan Secured to Boost Zambia Power Grid

Standard Chartered Bank, a multinational banking and financial services company headquartered in London, has partnered with the United States Agency for International Development (USAID) to deliver a term loan worth S...

Iraq, GE Sign Agreement to Boost Power Resources

Iraq’s Oil Ministry said it had signed a long-term “strategic framework agreement” with General Electric to boost national power resources, Fortune reported. However, it did not specify the agreement’s value or timefr...

Kuwait Fund to Finance Egypt-Saudi Power Grid

The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a loan agreement worth $98.7m to finance the power grid project between Egypt and Saudi Arabia, reported Amwal Al-Ghad. Egy...

Green Grid Technologies Showcased at Saudi-GCC Conference

Trade Arabia reported the launch on Tuesday of the 11th GCC-CIGRE International Conference in Jeddah, Saudi Arabia, stretching from November 3-5. ABB, a leading power and automation technology group, is showcasing its...

South Africa’s Eskom Continues Second Day of Rolling Blackouts

South African power utility Eskom implemented a second day of “Stage 2” pervasive blackouts to ease the burden on the national grid, build up diesel supplies and gather water reserves in hydropower dams, reported Reut...

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