Egypt continues to strive not just for energy independence, but to return to its status as a regional exporter. With oil and gas fields in the Gulf of Suez, the Mediterranean Sea and the Western Desert, the country has been a site of energy exploration since the early 20th century. This has led not only to substantial oil production, but also...
Despite a difficult global environment, the authorities are forging ahead with plans to further develop the Suez Canal, and place it at the centre of the country’s economic growth and employment creation.
New discoveries have brought confidence that natural gas imports, currently the primary fuel source for Egypt’s power plants, will decline significantly once the fields start producing. The government will no doubt be looking to this new production to supply the ever-increasing demand, leading to energy self-sufficiency and, eventually,...
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...
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