German companies experienced a decline in price expectations in March, hitting a three-year low, according to the …
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Energy Crisis
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Aramco CEO and President, Amin Nasser called for serious action to be taken to face the escalating …
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FeatureFinancial InstitutionsIndustry & TradeInternational NewsMENA NewsMoneyNewsTech/AI
Aramco: Europe’s energy crisis plans are only a short-run solution
The head of Saudi state oil giant Aramco stated on Tuesday Europe’s plans to cap energy bills …
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Industry & TradeInternational NewsNewsTech/AI
Germany to keep two nuclear plants available, burn coal as backup to face energy crisis
Lawmakers in Germany announced on Monday that they are going to burn coal and keep two nuclear …
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FeatureIndustry & TradeInternational NewsMoneyNewsTech/AI
Erdogan blames Europe’s energy crisis on Russia sanctions
Turkish President Recep Tayyip Erdogan on Tuesday blamed Europe’s energy crisis on the sanctions it imposed on …
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Egypt News
Energy crisis in Egypt’s factories will end in November; says investment minister
by Yomna Yasserby Yomna YasserEgyptian factories will no longer face an energy crisis starting November, allowing halted plants to resume operations, …
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Industry & Trade
Egypt may release 12 new Licences for Cement Production Soon – Official
by Yomna Yasserby Yomna YasserEgypt studies granting around 12 new licenses for cement production within the coming three months, the Industrial …
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Industry & Trade
Solb Misr loses $78.6 million in 2014 amid Egypt Energy Crisis
by Noha Gadby Noha GadEgyptian steel group Solb Misr recorded EGP 600 million (US$78.6 million) worth of losses for 2014 driven …
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The Egyptian government seeks to overcome the country’s energy crisis within 5 years, oil minister Sherif Ismail …
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Industry & Trade
BREAKING: Egypt signs Deal to import LNG from Algeria
by Yomna Yasserby Yomna YasserEgypt has signed today a deal to import a liquified natural gas (LNG) from Algeria, as the …
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