Friday 20 backend.Sep

electricity

Saudi Crown Prince announces $5 billion investment in Egypt
2024/09/16

Saudi Crown Prince announces $5 billion investment in Egypt

His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, announced that he has directed the Saudi...

Egypt expects electricity price hike to save 30 billion pounds
2024/08/25

Egypt expects electricity price hike to save 30 billion pounds

Egypt anticipates that the recent increase in electricity prices will result in savings of approximately 30 billion Egyptian pounds in the state budget during the...

Kuwait to secure 15-year LNG supply for growing demand
2024/08/21

Kuwait to secure 15-year LNG supply for growing demand

Kuwait is intensifying negotiations to secure additional liquefied natural gas (LNG) supplies, a strategic fuel essential for electricity generation, to address the growing domestic demand.

Renewable energy push to save electricity sector $4.1 billion annually
2024/08/14

Renewable energy push to save electricity sector $4.1 billion annually

Engineer Mahmoud Esmat, Minister of Electricity and Renewable Energy, revealed that the ministry plans to add new renewable energy capacities of up to 30 gigawatts....

New Administrative Capital to pump EGP 250 billion into phase two infrastructure
2024/08/14

New Administrative Capital to pump EGP 250 billion into phase two infrastructure

The New Administrative Capital for Urban Development Company has commenced planning for the second phase of this mega project, which will be equivalent in size...

Egypt to build new wind farm with Masdar investment
2024/08/08

Egypt to build new wind farm with Masdar investment

Ministry of Electricity and Renewable Energy is poised to sign an agreement with Abu Dhabi Future Energy Company (Masdar) this quarter to initiate a wind...

Madbouly: IMF backs Egypt government with third review approval
2024/07/30

Madbouly: IMF backs Egypt government with third review approval

Prime Minister Dr. Moustafa Madbouly confirmed that Monday's IMF Board approval of the third review under Egypt's economic reform program is a crucial milestone in...

Electricity: Egypt, Saudi Arabia prioritize power grid connection
2024/07/29

Electricity: Egypt, Saudi Arabia prioritize power grid connection

Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, identified key priorities for the current phase, aligning them with the overall strategy and developing clear,...