Egypt has obtained 75 gas cargoes for this year and aims to procure 50–60 more, with the rest scheduled by 2026.

Prime Minister Mostafa Madbouly announced Monday the formation of a crisis committee to monitor the domestic repercussions of ...

CAIRO, June 16 (Xinhua) -- Egyptian Prime Minister Mostafa Madbouly announced on Monday the formation of a crisis committee to monitor and address the potential repercussions of the ongoing ...

Egyptian fertilizer producers halted operations due to reduced natural gas imports from Israel, following Israeli military ...

Now summer’s heat is coming, and Egypt’s crippling energy crisis is threatening to mount, creating an immediate political liability for the new president to be elected this month. The ...

Speaking at an Egypt-EU investment conference in Cairo on Saturday, Mr El Sisi also appeared to be absolving himself and his government of responsibility for the economic crisis. He cited the ...

Egypt has had to resort to load-shedding in the last year to keep its grid functioning amid a lack of gas supply and rising demand, and the deepening energy crisis is straining Cairo's budget as ...

This financial support is expected to ease Egypt’s economic crisis and support the further development of its energy industry. The IMF will provide $3 billion in funding for the Egyptian ...

With an energy shortage prompting the government ... analysts say the country may face a new crisis unless it makes major changes. Though Egypt says it has expanded welfare programs, the most ...

"Whatever Egypt's experienced so far in terms of the ... while the prospect of further social unrest if the energy crisis isn't resolved soon appears to have motivated foot-dragging ministers.