Egypt

Cairo banks on rapprochement with Iran to attract capital

In the wake of the BRICS summit in August, the Egyptian authorities are renewing ties with Tehran and hoping to attract new investment.

Egypt finalises strategy to launch hydrogen production

The final touches are being put to laws designed to facilitate massive investment in hydrogen production in Egypt. Local and international firms hoping to get a slice of the pie may however hold off until the next devaluation of the Egyptian pound, which is expected in early 2024.

New timetable favours President Sisi's re-election

Egypt bid to be top EU gas supplier foiled by disappointing data from Zohr field

Egypt had hoped to become the European Union's main supplier of liquefied natural gas. But new alliances in the eastern Mediterranean, the downward revaluation of its gas resources and growing domestic consumption are jeopardising that ambition.