First Independent Mena Newspaper
Lekela Power, a pan-African renewable energy generation company, has sealed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Co (EETC) for its 250-MW wind farm in the Gulf of Suez. The wind farm will be installed near Ras Ghareb and is slated for commissioning in 2021, reports indicated on Wednesday. Once operational, the […]
The Egyptian parliament will meet Wednesday instead of Feb.17 to vote on the proposed changes to the constitution that would allow incumbent leader Fattah al-Sisi to remain in power beyond his current last term that ends in 2022. Parliament spokesman announced Sunday the rescheduled session in the pro-al-Sisi dominated house. The House last week approved […]
Morocco is among the top four fastest-growing international destinations for US travelers, according to travel insurance comparison site Squaremouth, which has released its latest list of the rising destinations worldwide. While last year’s top spots were Iceland, Portugal and Vietnam, this year has brought an entirely new list of popular destinations including Morocco as the […]
Africa and the Middle East installed 962 MW of new onshore wind capacity in 2018, up by more than 300 MW from a year earlier, the Global Wind Energy Council (GWEC) said Monday. The three countries that led the growth were Egypt with 380 MW, Kenya with 310 MW and Morocco with 120 MW. The […]
Egypt’s President Fattah al-Sisi Sunday officially replaced his Rwandan counterpart as chair of the African Union (AU) headquartered in Addis Ababa, Ethiopia. The summit of the pan-African bloc gave Egypt the Pan-African organization’s top seat, for the first time since 2002. The rotating chairmanship moves every year between the four regions of the organization. The […]
The Egyptian El Sewedy Electric Co. SAE, through its subsidiary Elsewedy Power, has been awarded the construction of two power projects with a combined capacity of 1,965 MW in the United Arab Emirates. The implementation of these projects will be done in collaboration with other world-class energy entities such as Siemens, according to Ecofin News […]
The production of Zohr oil field will reach more than three billion feet per day in 2019. The announcement was made Wednesday by Egyptian Minister of Petroleum and Mineral Wealth Tarek el Mullaa at a meeting of the general assembly of PetroShrouk oil company. What has been achieved in Zohr oil field is unprecedented in […]
Egypt’s Supreme Court has cancelled a parliament bill allowing the government to dismantle Non-Governmental Organizations (NGOs) that it accuses of getting foreign funds or aligned with outlawed Muslim Brotherhood. State-run MENA news agency reported the court’s Saturday decision, which ruled unconstitutional a recent civil society law that granted the ministry of social affairs the right […]
A Cairo criminal court Wednesday pressed a 12-year jail sentence against former deputy governor of Alexandria, the country’s second largest city, on corruption charges. Souad el-Kholy, appointed in 2015, was locked up two years later in a case linked to misappropriation of state lands and other charges including corruption and bribery. In addition to 12 […]
Egyptian Prime Minister Mostafa Madbouli on Monday held a meeting with the Ministers of Trade and Industry, as well as the authorities of the state-owned oil company to discuss ways to fuel cars with natural gas in the North African nation. According to the Prime minister, it is important to use the available resources in […]