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The Egyptian government and the EIB’s development arm have signed an accord on the use of a €21 million EU grant to decarbonise the domestic economy.
17.06.2025 Europe ansting
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The government also signed a power purchase agreement for a 900 megawatt wind project that is being developed in the Gulf of Suez with Scatec.
17.06.2025 Reuters
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Following the outbreak of war between Israel and Iran, Egypt suspends industrial gas supply, turns to fuel oil and diesel for power.
17.06.2025 watan
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Mineral Resources Bid Round No. 1 for 2024 concluded with positive results, attracting participation from 20 mining companies and 19 private companies
17.06.2025 Egypt Oil and Gas
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Egypt finalizes a deal with Norway’s Scatec for a 1 GW Kom Ombo solar plant, marking a major step in clean energy expansion and climate finance.
16.06.2025 Reuters
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AfDB funds Egypt’s 1GW Obelisk solar project with $184.1M, including battery storage, creating 4,000 jobs and cutting 1M tons of CO₂ annually.
16.06.2025 Egypt Today
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IFC invests $72M in Egypt’s first large-scale battery storage system, boosting clean energy with 300 MW capacity tied to Kom Ombo’s MW solar plant.
16.06.2025 Ahram Online
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Khalda Petroleum to launch 2 new wells in June, adding 5,400 bbl/day to Egypt’s output as part of a national strategy to boost domestic oil production
16.06.2025 Zawya
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A sharp drop in Israeli gas imports forces major Egyptian fertilizer firms to suspend operations, threatening exports and economic stability.
15.06.2025 Reuters
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AfDB funds Egypt’s Obelisk solar project with $184.1M, launching Africa’s largest solar plant with 1GW capacity and 200MWh storage in Qena Governorate
15.06.2025 Africa Business Insider
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