According to the European Bank for Reconstruction and Development (EBRD), in collaboration with Meridiam and Hassan Allam Utilities (HAU), are raising capital in a new platform, HAU Energy BV, established to invest in renewable energy projects primarily in Egypt but potentially other countries across Africa.
The investment will promote private sector participation in the Egyptian power sector. It will also facilitate the government’s decarbonization plans by expediting the roll-out of renewable energy projects and contribute to Egypt’s green energy transition.
Egypt and Russia have concluded their joint naval exercise, Bridge of Friendship, held over several days in the Mediterranean, according
In a phone call on Saturday, President Abdel-Fattah El-Sisi and Jordan’s King Abdullah II discussed the current situation in
Egypt’s revenue from the Suez Canal fell by almost two thirds last year, according to officials earlier this week,
Egypt's central bank cut interest rates by 225 basis points on Thursday, the first reduction since 2020, citing
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