Energy News
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Egypt Explores Green Hydrogen Cooperation With Czech Republic
Egypt aims to attract foreign investments in the green hydrogen sector, leveraging the strategic location of the Suez Canal Economic Zone for exports.
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Egypt’s suite of green hydrogen tax incentives signed into law by president
Developers that meet local content and foreign financing requirements can access a credit of up to 55%.
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Egypt Gas records 46% profit decrease in 2023
Meanwhile, revenues slipped 2% to EGP 6.871 billion from EGP 7.025 billion.
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Global Energy Leaders to Come Together at Egypes in Cairo to Address Energies of the Future
Egypt Energy Show (EGYPES) will be held at the Egypt International Exhibition Center (EIEC) from Monday 19 to Wednesday 21 February.
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What is causing turmoil in Egypt's gold market? Official answers
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand.
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Burullus Gas lets contract for development offshore Egypt
Burullus Gas Co. let a contract to Longitude Engineering to provide design and engineering services for subsea work offshore Egypt.
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Egypt's Gold Division Denies Taking Legal Actions Against Traders for Price Fluctuations
The Division assured that these claims are unfounded, with no recorded complaints from traders that could substantiate such events.
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Egypt moves forward with its nuclear journey
The event saw both leaders symbolically authorizing the pouring of the "first concrete" into the foundation of unit 4.
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Why Egypt's water scarcity problem runs deeper than the Nile
Egypt, the region’s largest country, is rebranding itself as a leader in the Arab world’s fight against water stress.
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Greek Conglomerate Explores Gas Partnerships in Egypt
The Greek company highlighted interest to collaborate with Egyptian energy companies on gas trading, distribution, infrastructure projects.
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EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt
The investment is set to raise capital for the development and construction of renewable energy projects in the region, EBRD said in a statement.
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Egypt Continues to See Unprecedented Rise in Gold Prices
This rise contrasts with the global market, where the price of an ounce of gold decreased by about 5 dollars, settling at 2,024 dollars.
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60 firms bid for gold hunting in Egypt
Egypt has closed bidding for the exploration of gold in 31 various sites after 60 companies applied for obtaining permits.
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Egyptian travelers bring over 3.8 tons of customs-free gold to Egypt in 8 months
This came in line with Cabinet decisions, which exempted travelers from paying customs duties and other associated charges.
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Egypt keen to play major role in int'l clean energy transition: Sisi
President Abdel-Fattah El-Sisi affirmed Egypt's keenness to play a major role in the international clean energy transition, which will benefit Egypt.
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Schneider Electric discusses building solar power projects in Egypt's Sinai
Schneider Electric is discussing with Khaled Fouda, the governor of South Sinai, about building a group of solar power projects.
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Putin to Participate in Key Event at Egypt’s Dabaa Nuclear Power Plant
Egypt and Russia signed a cooperation agreement in 2015 to establish a nuclear power plant with an investment cost of USD 25 billion.
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Egypt to install solar energy plants at five more archaeological sites
This comes to preserve and protect archaeological sites, and implement sustainable practices to benefit local communities and visitors alike.
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Egypt’s Natural Gas Potential: How ENI’s Orion-1X Could Transform the LNG Landscape
Amidst regional tensions and economic pressures, Egypt’s LNG future hinges on ENI’s Orion-1X well, a potential game-changer for its gas exports.
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Egypt considers powering aluminium complex with solar energy
The solar park is planned to be constructed in two phases each with a capacity to produce 500 MWh of clean power annually.