energy

Govt seeks 1,5% budget deficit reduction relying on subsidy cuts: PM
Business

Govt seeks 1,5% budget deficit reduction relying on subsidy cuts: PM

Prime Minister Sherif Ismail announced on Saturday that the government has been tasked with reducing the budget deficit by 1.5…
FM considers smart cards for farmer subsidization
Business

FM considers smart cards for farmer subsidization

The Finance Ministry is considering smart cards for farmers to provide them with some financial support, the ministry said in…
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
Business

Center: Developing Mediterranean gas finding can double Egypt’s production by 2018

Developing a newly-discovered Egyptian natural gas field in the Mediterranean Sea to totally meet domestic demand could almost double the…
REC, O Capital in solar power alliance
Business

REC, O Capital in solar power alliance

REC, the largest European brand of solar panels and O Capital for Services and Contracting (O Capital), an energy subsidiary…
Street vendors in Alexandria, Matrouh get solar-powered carts
Egypt

Street vendors in Alexandria, Matrouh get solar-powered carts

The Alexandria governorate has contracted a local supplier for the purchase of 13 solar-powered carts to be used by street…
Egypt attracts $1.1 bn investments in renewable energy projects in five months
Business

Egypt attracts $1.1 bn investments in renewable energy projects in five months

Renewable Energy Authority CEO Mohamed al-Sobky said Egypt has attracted $1.1 billion investments in renewable energy projects in five months,…
Eat this for better sleep, more energy
Food

Eat this for better sleep, more energy

Different foods have different health benefits. Find out if you’re getting enough of the good stuff for better sleep, sex,…
CAPMAS: Inactive energy value reaches LE97.7 bn in 2013
Business

CAPMAS: Inactive energy value reaches LE97.7 bn in 2013

The actual production of energy in Egypt reached LE550 billion in 2013, compared to LE535 billion in 2012, marking an…
Minister: No increase in energy prices in July
Business

Minister: No increase in energy prices in July

The Cabinet has decided to postpone the hike in energy prices, scheduled for July, due to the worldwide decline in…
Govt selects 115 bidders for renewable energy projects
Business

Govt selects 115 bidders for renewable energy projects

The Egyptian government has chosen 115 companies to carry out nation-wide renewable energy projects.  The companies were among many that had…
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