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Tag: Energy
El Molla MED

El Molla at Rome MED 18: Italy is Europe’s energy gateway

Posted: November 25, 2018 at 7:15 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El Molla said on Friday at Med Dialogues in Rome that Italy is a country that Egypt wants to approach because it is “Europe’s energy gateway”. “At the start of this year we signed a memorandum of understanding on energy with the European Union that will make Egypt a considerable energy […]

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IMF

Petroleum Economist: IMF says Egypt needs more energy reforms

Posted: August 22, 2018 at 9:00 pm   /   Oil & Gas

The Egyptian economy continued to improve in 2018, according to the organisation, but further measures are needed. In 2016, the International Monetary Fund agreed to help Egypt’s economy recover from years of crisis by providing it with disbursements totaling $12bn. The deal was conditional on the government reducing subsidies on basic goods and services, including […]

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ADIPEC

Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil & Gas Industry

Posted: June 19, 2018 at 1:18 pm   /   Oil & Gas

Effects Expected to Unlock USD 1.6 Trillion in Industry Value to 2025; World’s Top Energy Event Shifting Gears to Encompass Evolved Programme Addressing Artificial Intelligence, Blockchain, Robotics, Sensor Technology, Machine Learning, Deep Learning, Edge Computing and More. Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent […]

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TAQA Arabia

Qalaa’s revenues up 22% y-o-y on back of strong growth from TAQA Arabia

Posted: May 16, 2018 at 4:22 pm   /   Oil & Gas

Qalaa Holdings, a leader in energy and infrastructure, released today its consolidated financial results for the year ending 31 December 2017, reporting revenues of EGP 9,282.3 million, up 22% y-o-y on the back of strong growth from its energy subsidiaries, TAQA Arabia and Tawazon, as well as ASCOM, its operational platform in the mining sector. […]

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ABB CEO meets President of Egypt

ABB committed to Egypt’s energy and industrial future

Posted: May 7, 2018 at 3:34 pm   /   Electricity & Power

ABB CEO Dr. Ulrich Spiesshofer, who was received in Cairo by H.E. Abdel Fattah al-Sisi, President of the Arab Republic of Egypt, expressed ABB’s support for the President’s vision of Egypt. Egyptian President H.E. Abdel Fattah al-Sisi today received ABB CEO Dr. Ulrich Spiesshofer in Cairo, and discussed his vision of Egypt as an energy […]

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eu-egypt-forum

Egypt possesses key to future of East Mediterranean energy – El Molla

Posted: April 26, 2018 at 4:38 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla said on Tuesday that Egypt and the European Union (EU) signed a memorandum of understanding on cooperation and strategic partnership in the domain of energy. In his speech at the inaugural ceremony of a renewable and sustainable energy forum between Egypt and the EU, he added that […]

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Signing-EU-MoU

Egypt’s regional energy hub goal approaches with EU MoU

Posted: April 26, 2018 at 4:34 pm   /   Electricity & Power, Oil & Gas

Egypt’s Prime Minister Sherif Ismail witnessed on Monday the signature of a Memorandum of Understanding (MoU) for strategic partnership on energy between Egypt and the EU. This MoU was signed by Minister of Electricity, Mohamed Shaker; Minister of Petroleum, Tarek al-Molla and EU Commissioner for Climate Action and Energy, Miguel Arias Cañete, who is on […]

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Sisi-Canete

President Sisi: Egypt to become regional energy hub

Posted: April 26, 2018 at 4:26 pm   /   Electricity & Power, Oil & Gas

President Abdel Fatah al-Sisi stressed Wednesday that Egypt has adopted a comprehensive and ambitious strategy to develop the electricity system in full, Presidential spokesperson Bassam Radi announced. Developing Egypt’s electricity system qualifies it to become a hub for the transfer of electricity between the countries of the region and EU countries in the framework of […]

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EGAS, Snam sign MoU for natural gas infrastructure

Posted: April 26, 2018 at 4:21 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Co. (EGAS) signed on Monday a memorandum of understanding with Italy’s Snam – a leading gas utility in Europe – to cooperate in the field of comprehensive management of natural gas infrastructure. The memo was inked on the fringe of the EU-Egypt Sustainable Energy Business Forum which was launched in […]

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eu egypt mou

Egypt, EU sign Memorandum of Understanding for energy cooperation

Posted: April 24, 2018 at 1:25 pm   /   Electricity & Power, Renewables

Egypt and the European Union continue to share strong bilateral energy relations as well as an understanding of the opportunities and challenges facing the region. Partnership in the energy sector comes on top of the areas of common interest between Egypt and the EU in view of its importance as a driver of economic growth […]

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