EBRD funding 16 solar power plants under $500mn framework in Upper Egypt
The European Bank for Reconstruction and Development (EBRD) is financing 16 new solar power plants with a capacity…
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Egypt to build MENA’s largets fish farm in Kafr El-Sheikh
Egypt’s ambition of constructing the largest fish farm in the Middle East is materializing on the international…
Minister: Egypt expects to end deals for nuclear power plant at end-2017
Egypt expects to finalise contracts before the end of 2017 for its first nuclear power plant with 4,800 megawatts…
UK says investing over $97 mln in Upper Egypt’s Benban Solar Park
UK is investing more than $97 million in Upper Egypt’s Benban Solar Park, set to be the largest solar installation…
Egypt attracts $1.8bn investments for 1.4 MW of solar projects
Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of…
US crude oil settles at $47.48 per barrel, down over 3%
Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful…
Oil markets roiled as Hurricane Harvey hits US petroleum industry
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend,…
Siemens to strengthen Egypt’s national grid with two new plants in Delta
In a new move aimed at improving the resilience of Egypt’s power grid, the Egyptian Electricity Transmission…
US, China fail to agree on trade, casting doubt on other issues
The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with…
Philippines is aiming for an energy boom with Duterte’s latest reform
Philippine President Rodrigo Duterte's latest attempt to reform the Philippine economy is a major change for the…