energy

Nine steps taken to reform Egypt’s energy system
Business

Nine steps taken to reform Egypt’s energy system

- Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.- Repayment…
Solar plane passes new test ahead of planned world tour
Egypt

Solar plane passes new test ahead of planned world tour

A solar-powered plane made a third successful test flight in the United Arab Emirates on Monday ahead of a planned…
Govt to raise energy prices in July
Egypt

Govt to raise energy prices in July

Electricity Minister Mohamed Shaker said energy prices will be raised in July when the government applies the second phase of its…
Mideast, N. Africa ‘to invest $755 bn in energy to 2019’
World

Mideast, N. Africa ‘to invest $755 bn in energy to 2019’

Middle Eastern and North African states are expected to invest $755 billion in energy projects over the next five years…
Industry federation rejects private sector assistance in butane crisis
Business

Industry federation rejects private sector assistance in butane crisis

A petroleum expert has rejected the suggestion to entrust the private sector to the storage of butane gas for emergencies…
Investment minister blames economy decline on energy
Business

Investment minister blames economy decline on energy

A flawed system of the generation and distribution of energy was the basic reason behind the deterioration in Egyptian economy…
Businessmen association to hold conference on future of energy in Egypt
Business

Businessmen association to hold conference on future of energy in Egypt

Egyptian Businessmen Association (EBA) will hold in February a conference on supporting energy in Egypt in collaboration with Ahram to be…
Oil minister: Egypt to finalise Gazprom LNG deal this month
Business

Oil minister: Egypt to finalise Gazprom LNG deal this month

Egypt will complete an agreement with Russia's Gazprom for the company to supply it with liquefied natural gas (LNG) shipments…
Govt mulls custom cuts on imported renewable energy appliances
Egypt

Govt mulls custom cuts on imported renewable energy appliances

The Finance Ministry is considering slashing duties from the current 20 percent tax to as low as 2 percent on imported…
Govt finishes subsidy lifting scheme pending approval by next parliament
Business

Govt finishes subsidy lifting scheme pending approval by next parliament

The government has concluded a scheme to lift energy subsidies, according to a senior official, but added that it will…
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