energy

Saudi Arabia targets $64 billion in mining revenue by 2030
Business

Saudi Arabia targets $64 billion in mining revenue by 2030

  CAIRO (Reuters) – Saudi Arabia aims to raise the kingdom’s mining revenues to $64 billion from $17 billion by…
How does Egypt reach an 8% growth rate?
Opinion

How does Egypt reach an 8% growth rate?

I am not accustomed to attending embassy celebrations on the national days of different countries. There are more than 100…
Egypt reforms encourage US energy investment: US official
Business

Egypt reforms encourage US energy investment: US official

  Egypt’s reforms and discoveries encourage private US energy companies to invest there, Assistant Secretary for the Bureau of Energy…
Undersea gas fires Egypt’s regional energy dreams
Business

Undersea gas fires Egypt’s regional energy dreams

  Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy…
Saudi crown prince launches project for first nuclear plant in Saudi Arabia
Middle East

Saudi crown prince launches project for first nuclear plant in Saudi Arabia

  CAIRO (Reuters) – Saudi’s crown prince on Monday launched a project to build the first nuclear research reactor in…
Brazil’s Bolsonaro gives China electric shock
World

Brazil’s Bolsonaro gives China electric shock

HONG KONG (Reuters Breakingviews) – Brazil’s Jair Bolsonaro threatens to short-circuit China’s energy plans. Beijing-backed energy companies hope to invest…
Germany, Egypt sign €129 million economic cooperation plan
Egypt

Germany, Egypt sign €129 million economic cooperation plan

  Investment Minister Sahar Nasr and German Minister of Economic Cooperation Gerd Muller signed an economic cooperation protocol worth 129…
Egypt government to increase electricity prices in July
Egypt

Egypt government to increase electricity prices in July

The Egyptian cabinet’s media center said on Monday that the Ministry of Electricity and Renewable Energy will increase electricity prices…
Gulf of Suez Wind farm will be operational by 2020: Minister
Egypt

Gulf of Suez Wind farm will be operational by 2020: Minister

  Egyptian Electricity Minister Mohamed Shaker announced on Saturday that on 2020 a new 250 MW wind farm will be…
OPEC, allies agree not to further increase oil production
Middle East

OPEC, allies agree not to further increase oil production

  ALGIERS, Algeria (AP) — A meeting of OPEC and its allies ended without any decision to further increase oil…
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