Siemens ships two gas turbines to Egypt’s Beni Suef power plant
German industrial conglomerate Siemens will begin shipping the first two gas turbines to be installed by mid-May…
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Electricity
Electricity subsidy to be totally removed by 2019- NREA
Egyptian government is set to remove the subsidy on services of electricity sector totally by 2019, Chairman of the…
Egypt’s National Bank seals $700 million finance from China Development Bank
Egypt’s state bank giant, National Bank of Egypt (NBE) has signed Thursday a $700 million financial facility from…
Egypt to ask China for multi-billion pounds in electricity upgrade loans
Egypt is planning to ask for a Chinese loan worth between 7-8 billion Egyptian pounds to finance upgrades to its…
Egypt’s Cabinet approves Chinese coal-fired power plant proposals
Egypt's Cabinet approved two conditional deals with Chinese companies to build coal-fired power plants with a…
Saudi to boost petrol prices by more than 50%
Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it…
Egypt adds 6,882 MW to national power grid in 2015
Egyptian electricity and renewable energy ministry has added 6,882 MW to state's power grid in 2015 with total cost…
Egypt will add up to 3 GW of power, to end power shortages: minister
Egypt expects to add 2,500-3,000 megawatts of electricity generation capacity in the coming year, going some way…
China president calls to accelerate cooperation with Egypt
Chinese President Xi Jinping called Friday for accelerating cooperation in production capacity and security with…
Egypt inaugurates largest wind power plant in MENA, Africa
Egyptian Electricity and Renewable Energy Ministry inaugurated Sunday the largest wind power plant in Middle East…
