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IFC-led consortium backs $572m Aswan solar-storage project to deepen Egypt’s energy resilience
The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]
Algeria should assume consequences of its support for separatism in Morocco
Moroccan Foreign Minister has uncovered the contradiction in the Algerian position regarding the Sahara issue, citing a hostile campaign by all state apparatus in Algeria in support of the Polisario while at the same time claiming to be an observing country. Algeria has once again demonstrated that it is the real party to the Sahara […]
Egypt and Dana Gas conclude a “win-win agreement”
Egypt and Dana Gas have reached an agreement after the fruitful intervention of the United Arab Emirates government. Dana Gas was unwilling to supply Egypt with gas due to the outstanding arrears of $160 million. The two parties reached an agreement on Thursday in a “win-win agreement.” Cairo owns foreign energy firms a sum of […]



