Latest in Tag: energy Highlight

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Latest in Tag: energy


Israeli gas imports suspension lawsuit: Another stumbling block to Egypt’s energy hub aspirations

Cairo Administrative Court referred on Tuesday a lawsuit demanding the suspension of the approval of natural gas imports from Israel, for violating the Egyptian Constitution and Law No 196 of 2017 regulating the gas market to the State Council Commissioner Authority (SCCA). The lawsuit alleges that allowing natural gas imports from the “Zionist entity” endangers …

Mohamed Samir

Electricity Ministry, UNDP, AmCham hail successful application of CIB energy efficiency 

The Commercial International Bank-Egypt (CIB) received a special award from the Energy Efficiency Project in recognition of its leading role in supporting and contributing to the national energy efficiency strategy through its various initiatives. The award was presented to Hisham Ezz Al-Arab, CIB chairperson and managing director, during the monthly luncheon of the American Chamber …

Daily News Egypt

AfDB considers financing three solar energy projects in Egypt for $60m

The African Development Bank (AfDB) is considering financing three projects within the feed-in tariff programme in Benban, Aswan for $60m. A source at AfDB told Daily News Egypt that the bank has allocated $18m and $20m worth of finances for each project in the electricity production plant that depends on solar power. The source said …

El Husseiny Hassan

Egypt’s energy future between reality and fantasies

Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power generation infrastructure is dependent on natural gas. More than 75% of the electricity generated in Egypt comes from natural gas plants. Egypt currently produces about 3.9bn cubic feet of gas per day and imports another 1-1.1bn cubic feet per …

Mohamed Samir

FA Group Financial Consulting contracts with Prospect Capital to promote and fund projects in health, education and energy in Egypt

The Egyptian Financial Advisory Group (FA Group) signed a memorandum of understanding with the UK’s Prospect Capital to secure funding for projects and companies in local and international financial markets, as well as promoting investment projects in the fields of education, healthcare and energy in Egypt, according to Mahmoud Abul Eyoun, head of the company. …

Hossam Mounir