Egypt has signed its first contract to extract gas by fracking in a deal with Apache and …
Tag:
egypt’s energy crisis
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France-based SDMO Industries, the world’s 3rd largest company for power generating sets, is targeting sales of €10 …
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Banks
Banks to Arrange $1.5bn Loan for Egypt to Repay Foreign Energy Firms
by Yomna Yasserby Yomna YasserHSBC, National Bank of Egypt, and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated …
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Industry & Trade
Egypt’s Cement Firms Overcome Gas Shortages by Importing Coal
by Yomna Yasserby Yomna YasserSeveral of Egypt’s major cement producers have begun retrofitting their plants to run on energy from imported …
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Industry & Trade
Egypt to Repay $2-3 billion of Foreign Oil Debts at 2014-end – Minister
by Yomna Yasserby Yomna YasserEgypt seeks to repay by end of this year around US$2-3 billion of its total debts to …
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Industry & Trade
Renewable Energy Is Egypt’s Raft out of Crisis: Experts
by Yomna Yasserby Yomna YasserScarcity of financial resources and the lack of a solid plan are the main reasons behind the …
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Industry & Trade
BP to Invest $10 billion in Egypt’s Gas Fields for 5 Years
by Yomna Yasserby Yomna YasserEgyptian Prime Minister Ibrahim Mahlab finalised an investment deal on Tuesday with the CEO of British Petroleum …
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HSBC Bank Egypt is considering securing finances worth EGP 1 billion ($139.8 million) for 7 to 8 …
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The list of challenges facing Egypt’s new president is seemingly endless, from restoring some sense of political …
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Egypt News
Egypt’s Break with Qatar Could Contribute to Scorching Summer for Country’s Residents
by Yomna Yasserby Yomna YasserWhen Egypt’s military ousted President Mohamed Morsi last summer, it also broke political ties with the Islamist …