Friday 20 backend.Sep

fuel

Seven Arab countries, including Egypt, vie for producing civil aviation fuel
2024/09/08

Seven Arab countries, including Egypt, vie for producing civil aviation fuel

A recent report by the Organization of Arab Petroleum Exporting Countries (OAPEC) has highlighted the accelerating shift of nations towards developing sustainable aviation fuel (SAF)....

Oil Minister seeks deeper ties with Italy’s Eni
2024/09/03

Oil Minister seeks deeper ties with Italy’s Eni

Engineer Karim El-Dawy, Minister of Petroleum and Mineral Resources, made an official visit to Italy to strengthen the strategic partnership between Egypt and the Italian...

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...

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....

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...

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...

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...