TAQA Arabia Launches Largest Solar Power Plant in Sharm El-Sheikh

TAQA Power, a subsidiary of TAQA Arabia, the full-service energy and utility provider in Egypt, announced the commissioning of the largest solar power plant in Sharm El-Sheikh build on an area of 250,000 sqm and with a production capacity exceeding 42 GWh / year.

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Egypt is set to take part in developing Gaza offshore gas field

Egypt is aiming to take over development of Gaza offshore natural gas field, Egyptian and Palestinian officials said, in what would be a boost for the cash-strapped Palestinian economy.

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Al-Hamra Petroleum Port Wins Excellence Award for Best Specialized Port

Al-Hamra Petroleum Port in El Alamein, one of the most important ports in the petroleum sector, won the Excellence Award for the best specialized port in Egypt for the year 2022 for demonstrating excellence in the application of environmental requirements and standards and security and safety standards.

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Egypt, Bulgaria to sign MoU for cooperation in energy

Egypt and Bulgaria agreed to sign a memorandum of understanding (MoU) for technical, scientific, technological, and trade cooperation in the field of oil and gas, according to an official statement on October 5th.

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Egypt, Greece call gas deal between Libya and Turkey "illegal"

Egypt and Greece foreign ministers met Sunday in Cairo following controversial maritime and gas deals that their shared rival Turkey signed with a Libyan leader

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Egypt to deliver 3,000 MW of electricity to Europe through an 853-mile-long undersea cable

An 853-mile-long (1,373 km) undersea electricity cable connecting Egypt with Europe has been touted to help Europe impending energy crisis amidst Russia war with Ukraine.

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Saudi solutions by stc completes acquisition of Giza Systems with a value of 158 million dollars

Saudi Arabia-based solutions by stc, which is a leading enabler of digital transformation in the Kingdom, has completed the acquisition of 88.19% stakes of Giza Systems with an enterprise value worth 158 million dollars.

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PM follows up efforts to secure local oil needs

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim to reduce their severe repercussions for the Egyptian economy.

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