This progress follows the signing of USD 120 million (EUR 105.8m) in equity bridge loans, which will support construction of the project.
07.05.2025 renewables now
The ministry confirmed in a statement that all petroleum products, including octane, are subject to strict oversight and periodic inspections.
07.05.2025 Egypt Independent
To support solar energy scalability, the ministry aims to deploy energy storage systems with a combined capacity of 3,500 megawatts.
01.05.2025 Egypt Today
The MoU will encourage ExxonMobil to develop an integrated development plan if exploratory drilling activates lead to positive results.
01.05.2025 Egypt Oil and Gas
AXA Egypt has a broader strategy to deliver integrated offerings that cater to a diverse client base seeking secure, return-driven investment tools.
30.04.2025 Daily News Egypt
Badawi stressed the importance of integrating and strengthening cooperation between the parliament and various state institutions.
30.04.2025 Egypt Oil and Gas
With a capital of EGP 1 billion, the project is expected to bridge the local supply gap and export around 80% of its output.
30.04.2025 Egypt Today
Egypt-Saudi Arabia electrical interconnection project is a model for broader Arab electrical integration.
23.04.2025 Egypt Independent
The year-long initiative aims to drill 75 new wells, with the goal of adding around 7,500 barrels of crude oil per day.
22.04.2025 Egypt Today
Authorities maintain close oversight of Zohr’s development to ensure timely execution.
22.04.2025 Egypt Today