energy

Egypt halts inter-Arab electricity supplies to meet local demand
Business

Egypt halts inter-Arab electricity supplies to meet local demand

Fresh supplies of electricity to the inter-Arab electricity grid--which includes Lebanon, Syria and Jordan--were halted a few days ago in…
AEA: Technical study for Egypt nuke plant to be finalized imminently
Egypt

AEA: Technical study for Egypt nuke plant to be finalized imminently

The technical study for Egypt’s first nuclear power station, to be located in the coastal region of Al-Dabaa, will be…
Ministers of petrol, electricity trade barbs over power cuts
Egypt

Ministers of petrol, electricity trade barbs over power cuts

Petroleum Minister Sameh Fahmy and Electricity Minister Hassan Younis had a heated exchange yesterday morning at Egypt's Presidential Palace following…
NDP official: Energy subsidy reductions still subject to debate
Business

NDP official: Energy subsidy reductions still subject to debate

The notion of lifting subsidies on energy products remains subject to discussion and debate among representatives of various ministries within…
Ruling party calls for abolishment of petroleum subsidy
Business

Ruling party calls for abolishment of petroleum subsidy

 The energy committee of the National Democratic Party has called for the abolition of the subsidies on petroleum products over…
Government begins reduction of subsidized energy
Business

Government begins reduction of subsidized energy

The Egyptian government began its plan to eliminate energy subsidies to most industrial sectors late last month, to the dismay…
Electricity Minister calls for rethinking energy subsidies
Business

Electricity Minister calls for rethinking energy subsidies

Electricity Minister Hassan Younis on Sunday declared that the government should "reconsider" its current policy of subsidizing energy."People often use…
Cabinet mulls electricity rationing measures
Egypt

Cabinet mulls electricity rationing measures

Minister of Electricity and Energy Hassan Younis has called on Egyptians to take steps to rein in their electricity consumption.“The…
Algeria announces new law restricting foreign investment
Business

Algeria announces new law restricting foreign investment

Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening…
Govt to continue raising energy prices
Business

Govt to continue raising energy prices

The industrial energy pricing committee will meet today to decide on the percentage increase in the prices of natural gas…
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