Engineering News
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Black & Decker to establish first electrical equipment factory in Egypt
Hossam Heiba, GAFI CEO, assured that all necessary investment facilities and incentives would be provided to accelerate the process.
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Egypt expects savings of $615 million after rising electricity prices
This comes as the Egyptian government has increased electricity prices with rates ranging from 14 percent to 40 percent for prepaid household meters.
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Egypt government hikes electricity prices by 40% to reduce subsidy bill
Egypt’s government has increased the price of electricity this week amidst a cost of living crisis, a move likely to cause further frustration.
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Egypt, Saudi Arabia go ahead with $1.8 B interconnector
The project is expected to be operational in two phases, with the first phase scheduled to begin in July 2025.
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Egypt hikes electricity prices for households by up to 50 percent
The country is gradually phasing out subsidies as part of an agreement with the International Monetary Fund (IMF).
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Maridive Offshore Projects secures $14.4mln contract for cable installation in Egypt
The contract involves the procurement and installation of electrical power cables in Egypt, with project execution set to begin in the third quarter.
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7 facts about Egypt’s project to localize computer chips and solar cells
As these initiatives take shape, Egypt could emerge as a regional leader in high-tech manufacturing, driving economic growth.
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Haier Egypt starts fridge production in Egypt September
The company aims to invest $50 million in manufacturing other products to be exported abroad.
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Egypt and EIB discuss bolstering partnership and collaboration in electricity sector
Discussions during the meeting centered on identifying opportunities for collaboration between the ministry and the EIB.
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Egypt's imports of consumer goods decrease by $7.8 M in May 2024
Egypt's overall imports decreased by 5.1 percent in May 2024 to $7.38 billion from $7.77 billion in the same month of the previous year.
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Power cuts are set to return to Egypt starting September 15
Egyptian Minister of Electricity, Mahmoud Essmat, affirmed that the load shedding plan, which was suspended on July 20.
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Madbouly: Electricity Subsidies to be Lifted Gradually over 4 Years
The fuel consumption bill withdrawn from the Ministry of Petroleum for power stations amounts to EGP 16 billion per month.
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Egypt’s engineering exports surge 28.6% in H1 2024
Importers from Egypt include the United Kingdom, Turkey, France, Germany, Georgia, Italy, the Czech Republic, and Spain.
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Petrojet Achieves 1,620-Meter Tunnel Excavation for Fourth Metro Line
This stretch covers the distance between Hadayek Al-Shagar station and Hadayek Al-Ahram station.
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Here’s why Egypt’s electricity prices are rising
One reason is the increasing rates of loss in electricity owning to rising electricity theft.
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Egypt approves installation of code meters for illegal electricity connections
This measure applies regardless of the location of the facility or building.
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Cabinet Agrees to Install Smart Electric Meters for Violating Buildings
The decision of installing a code meter applies before legalizing the status of the violating building.
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Egypt will halt summer load-shedding power cuts Sunday
The North African country has been grappling with power shortages as high cooling demand during summer drives up consumption.
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Egypt-Saudi interconnection project 60% complete
The first phase of the project is set to start operating in July 2025, with the interconnection allowing the exchange of up to 3000 MW of power.
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Egypt seeks to overcome all obstacles to electrical interconnection with KSA
The project aims to exploit the difference in the time of peak load between the two countries.