Energy News

The funding would be provided either directly or through partnerships with Arab funds operating in Egypt.  
20.11.2024 | News by Egypt Today

Gold prices plunged significantly, losing more than $220 from its all-time high recorded last month.
18.11.2024 | News by Egypt Independent

The mining sector aims to increase its contribution to Egypt’s Gross Domestic Product (GDP) from the current 1% to 5-6%.
17.11.2024 | News by SIS

As of July 2024, solar, wind, and hydropower make up 11.5 percent of Egypt's electricity generation.
17.11.2024 | News by economy middle east

In sum, Aton Resources is not only advancing gold mining in Egypt but also redefining what responsible mining could look like in the 21st century.
Papers by Egypt Business Directory

Egypt has unveiled a major desalination initiative designed to counteract water scarcity as climate change and population growth pressure.
Papers by Egypt Business Directory

Egypt signed agreements with Alcazar Energy and the Voltalia-Arabia alliance to develop 5.2 GW of renewable energy.
Papers by Egypt Business Directory

The contract will commence immediately upon the conclusion of the current contract in the fourth quarter of 2024.
14.11.2024 | News by Egypt Oil and Gas

The minister emphasized Egypt’s goal to transform its mining sector, noting its current contribution of approximately 1 percent to the national GDP.
14.11.2024 | News by Egypt Today

Last year, Egypt faced prolonged power outages as natural gas production was hit by financial constraints and declining local extraction.
14.11.2024 | News by Reuters

France is supporting energy transition in Egypt to meet its ambitious goal to generate 42 percent of clean energy by 2030.
14.11.2024 | News by Egypt Today

To ensure supply stability during peak winter demand, additional LNG shipments may be received if needed.
14.11.2024 | News by Egypt Today

In a roundtable on energy and climate change mitigation, Egypt emphasized its target of 42% renewable energy in its energy mix by 2030. 
13.11.2024 | News by Egypt Today

The CBE said that this balance was at US$9.384 billion, equivalent to about LE448 billion, at the end of April, and the increase is about LE 101 bln.
13.11.2024 | News by Egypt Independent

The Egyptian Competition Authority (ECA) announced on Sunday the approval of Emirates ADQ, acquiring stakes in three Egyptian oil companies.
13.11.2024 | News by Ahram Online

The plant, which will be completed in the first half of 2025, is based in Sokhna Industrial zone, which is governed by the Suez Canal Economic Zone.
12.11.2024 | News by Zawya

Under the agreement, QatarEnergy will acquire a 23 percent interest, while Chevron, the operator, will retain a 40 percent interest.
12.11.2024 | News by economy middle east

Italian Eni company will drill two new gas wells in the Zohr field, according to CEO Claudio Descalzi, as reported by Al Arabiya.
12.11.2024 | News by Ahram Online

ESAF further supports Egypt’s strategy for a gradual shift toward a greener economy, enhancing investment opportunities in sustainable energy.
11.11.2024 | News by Egypt Oil and Gas

The bid round will cover over 200 areas in the region, with the aim of attracting international mining companies and investors.
11.11.2024 | News by Cairo Scene