Friday 22 Nov

electricity

Egypt, UAE team up for 4GW renewable energy boost
2024/07/16

Egypt, UAE team up for 4GW renewable energy boost

Prime Minister Dr.Moustafa Madbouly and high-level Emirati officials convened to discuss joint cooperation in new and renewable energy between the two countries. The meeting also...

80,000 tons fuel oil arrive at Sokhna Port for power boost
2024/07/10

80,000 tons fuel oil arrive at Sokhna Port for power boost

Ein Sokhna Port today welcomed the largest fuel oil carrier to ever dock at the port, with a capacity of 80,000 tons. This marks a...

Experts: Central Bank unlikely to lower rates at upcoming meeting
2024/07/10

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts and bankers rule out a decision by the Monetary Policy Committee of the Central Bank of Egypt to lower the interest rate at its...

PM: President Sisi demands immediate end to blackouts
2024/06/25

PM: President Sisi demands immediate end to blackouts

Prime Minister Dr. Moustafa Madbouly held a meeting today, Tuesday, to discuss solutions for the ongoing electricity outage problem. The focus was on mitigating the...

Central Bank rate cut predicted by Experts: 3% reduction by year-end
2024/06/04

Central Bank rate cut predicted by Experts: 3% reduction by year-end

Experts and bankers had expected that the Monetary Policy Committee of the Central Bank of Egypt would take a decision to reduce interest rates by...