Egypt is one of the oldest energy producers in the Middle East, with a history of commercial oil production dating back more than a century. The country benefits from low production costs and a relatively large volume of both onshore and offshore oil and gas fields. Developed infrastructure has allowed the country in past decades to maintain a...
A $9bn deal inked in Egypt will give a substantial boost to the country’s electricity generation capacity, helping the government address power shortages and support a growing population and economy. On June 3, 2015 German industrial conglomerate Siemens agreed a deal to supply gas and wind power plants that will add 50% − or 16.4 GW − to...
With a rapidly growing population of 80m people and a host of major energy-intensive industrial facilities, Egypt requires a large supply of power to maintain growth. Ensuring this steady production has been problematic since the end of the Mubarak era, and after several incidences of load shedding over the past few years – the legacy of...
Natural gas has been an important part of Egypt’s energy mix and economy for decades. It was first discovered in the country in 1967, and a find was then made a year later offshore. Egypt fully utilised the resource, going from being predominately hydro driven to mainly gas based, and became an exporter of the product. At one time, Egypt sold...
The retail environment in Egypt is set for a transformation over the coming decade. While it has always been a key facet of the country’s economy, with household consumption expenditure accounting for 82.8% of GDP in 2014, it is likely to become all the more formalised over the next 10 years. The sector has remained intact in the face of economic uncertainty because it has largely been geared...
Egypt is one of the oldest energy producers in the Middle East, with a history of commercial oil production dating back more than a century. The country benefits from low production costs and a relatively large volume of both onshore and offshore oil and gas fields. Developed infrastructure has allowed the country in past decades to maintain a sizeable export market, through shipped products...
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