Egypt

As Egypt looks to raise its generation capacity to meet rising demand, the government is seeking to attract independent power producers (IPPs) to a newly liberalised market. Renewable energy plans for 2015-23 call for 920 MW to be provided by IPPs, in addition to the 3.2 GW of government-operated projects and 1.25 GW generated under build-own-...

Having long been one of the most dynamic sectors of the economy, continuing to grow even during periods of turbulence, the Egyptian telecoms industry experienced a landmark year in 2017. September saw the launch not only of long-awaited 4G services, but the entrance of a new mobile operator. The advent of 4G has led to substantial new...

The significant increase of electricity prices throughout 2017, coupled with other economic reform measures, placed considerable strain on both individual Egyptians and businesses in the country. Households and firms alike are banking on this short-term pain leading to long-term gain in the form of new investments across industries.

For decades Egypt has been one of Africa’s largest petroleum producers. Though political unrest has diminished this capacity somewhat in recent years, the country is now hoping to attract further international interest as an exploration site and a production centre. It is aided in this effort by significant offshore and onshore discoveries, a...

OUTLINE: The first Egyptian mutual fund was launched in 1994, and since that time the industry has evolved slowly. There are nearly 100 funds operating under the direction of the Financial Regulatory Authority (FRA). There are specialised funds in a number of asset classes, including 28 equity, 10...

Since the late 2000s energy production has lagged behind consumption, and a shortage of natural gas has left industrial customers scrambling for solutions. Growth in upstream production failed to keep up with downstream demand, with both oil and gas production falling below historical highs. However, as new upstream discoveries have come on-...