Prime Minister Mostafa Madbouly has confirmed that the government has no plans to raise electricity prices this month, according to a statement.

The Egyptian cabinet approved a draft presidential decree concerning a letter of understanding with the Arab Fund for Economic and Social Development to finance an integrated feasibility study for increasing the capacity of the electricity interconnection line between Egypt and Jordan.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat met with Xiao Ling Chen, CEO of Chinese Jiangsu Ankura Intelligent Power Co., to discuss cooperation in localizing the manufacture of high- and ultra-high-voltage cable terminations and transferring technology for gas-insulated cables and smart monitoring systems.

Korra for Energy & Investment Projects has signed a new contract to build a 1.4 megawatt (MW) hybrid solar power plant for the Esh El Mallaha Petroleum Company (Eshpetco)

Egypt has launched a nationwide electricity conservation plan aimed at avoiding power outages following Prime Minister Mostafa Madbouly’s announcement affirming the government’s commitment to maintaining the electricity supply during the summer despite ongoing regional tensions.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held a high-level meeting to review fuel reserves and direct electricity sector leaders to enhance preparedness to secure the national grid and ensure a stable power supply amid escalating emergency conditions in the region.

Minister of Electricity and Renewable Energy Mahmoud Esmat met with Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding (TMG), to explore collaboration in electricity distribution, energy consumption rationalization, and the expansion of solar energy use.

Egypt has signed an agreement with the Emirati company AMEA Power to establish two independent energy storage stations with a total capacity of 1,500 megawatt-hours.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held discussions with Sudan’s Minister of Oil and Energy Mohieddin Naeem on enhancing partnerships in electricity, renewable energy, and technical cooperation.

The Egyptian cabinet approved a draft law amending several provisions of the Electricity Law No. 87 of 2015 aimed at intensifying penalties for crimes related to the illegal seizure of electricity.

The Egyptian Ministry of Petroleum and Mineral Resources has postponed the delivery of several liquefied natural gas (LNG) and mazut shipments contracted from international suppliers.

Egypt is set to begin negotiations with the International Monetary Fund (IMF) soon, aiming to extend the timeline for implementing fuel and electricity subsidy cuts.

Egyptian Minister of Electricity Mahmoud Esmat has probed with the Greek Minister of Environment and Energy Theodoros Skylakakis boosting cooperation in the sectors of electricity and renewables.

Egypt has collected around EGP 1.2 billion in just a month and a half by cracking down on electricity theft.

President Abdel Fattah El-Sisi has discussed plans to develop Egypt's national electricity system in a meeting with Prime Minister Mostafa Madbouly and several key officials.

Minister of Electricity and Renewable Energy Mahmoud Esmat announced a series of initiatives as part of efforts to combat electricity theft and improve service quality.

The Egyptian Ministry of Electricity expects to raise around EGP 500 million from the recently applied 7% fine on overdue electricity bills in fiscal year (FY) 2024/2025.

Egypt has secured at least $200 million in financing from Saudi Arabia and Libya to purchase natural gas cargoes this summer amid its energy crisis.

The Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egyptera) has introduced a 7% fine on overdue electricity bills.