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Renewable energy push to save electricity sector $4.1 billion annually

Renewable energy push to save electricity sector $4.1 billion annually

Engineer Mahmoud Esmat, Minister of Electricity and Renewable Energy, revealed...

Businessmen Team 14 Aug 2024

The Prime Minister underscored the government's commitment to advancing renewable energy projects....

New Administrative Capital to pump EGP 250 billion into phase two infrastructure

New Administrative Capital to pump EGP 250 billion into phase two infrastructure

The New Administrative Capital for Urban Development Company has commenced...

Businessmen Team 14 Aug 2024

According to the company's chairman, Engineer Khaled Abbas, the plan includes investing 250 billion...

Electric car rally launches at Alamein Festival Wednesday

Electric car rally launches at Alamein Festival Wednesday

New Alamein City is hosting the Middle East's largest university...

Businessmen Team 14 Aug 2024

 The Egypt Electric Vehicle Rally (EVER) is Egypt's premier competition for designing and manufactu...

Samsung leaps ahead in electric vehicle race

Samsung leaps ahead in electric vehicle race

Samsung has unveiled plans to develop groundbreaking batteries for electric...

Businessmen Team 08 Aug 2024

According to SamMobile, Samsung SDI has successfully created high-performance solid-state batteries...

Egypt to build new wind farm with Masdar investment

Egypt to build new wind farm with Masdar investment

Ministry of Electricity and Renewable Energy is poised to sign...

Businessmen Team 08 Aug 2024

The official disclosed that the project's total generation capacity will reach 200 megawatts and wi...

Madbouly: IMF backs Egypt government with third review approval

Madbouly: IMF backs Egypt government with third review approval

Prime Minister Dr. Moustafa Madbouly confirmed that Monday's IMF Board...

Businessmen Team 30 Jul 2024

This came during Madbouly’s presidency of the government meeting on Tuesday, at its headquarters in...

Electricity: Egypt, Saudi Arabia prioritize power grid connection

Electricity: Egypt, Saudi Arabia prioritize power grid connection

Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, identified...

Businessmen Team 29 Jul 2024

These priorities include: increasing generating capacity to match the rising demand for electricity...

Elsewedy Electric subsidiary signs 1 billion QAR contract

Elsewedy Electric subsidiary signs 1 billion QAR contract

Elsewedy Electric announced a significant win for its subsidiary, Elsewedy...

Businessmen Team 17 Jul 2024

It's worth noting that Elsewedy Cables-Qatar is majority owned (73.4%) by Senyar Holding, Qatar. No...

Egypt, UAE team up for 4GW renewable energy boost

Egypt, UAE team up for 4GW renewable energy boost

Prime Minister Dr.Moustafa Madbouly and high-level Emirati officials convened to...

Businessmen Team 16 Jul 2024

The discussions were led by His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanc...

80,000 tons fuel oil arrive at Sokhna Port for power boost

80,000 tons fuel oil arrive at Sokhna Port for power boost

Ein Sokhna Port today welcomed the largest fuel oil carrier...

Businessmen Team 10 Jul 2024

The arrival of the shipment follows the government's recent announcement to allocate $1.18 billion...

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts and bankers rule out a decision by the Monetary...

Businessmen Team 10 Jul 2024

Experts stressed that lowering interest rates is unlikely, as inflation rates, despite their recent...

Talaat Moustafa stock tops active stocks on the exchange in a week

Talaat Moustafa stock tops active stocks on the exchange in a week

Ten stocks dominated the trading on the stock exchange during...

Businessmen Team 07 Jul 2024

Leading the pack was Talaat Moustafa Group (TMG) with a trading value of 1.8 billion Egyptian poun...