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الاقتصادية - CNN
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2026-06-30T13:14:00.000Z

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Bank of America shifts 1,000 staff after $1.21B fine

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Bank of America Profit Decline

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Bank of America Profit Decline
الاقتصادية - CNN

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Egypt ministry clarifies electricity price change

Egypt ministry clarifies electricity price change

The Egyptian government is working to enhance its preparations for Summer 2026 by implementing projects to increase electricity generation capacity by 8%. These include adding 2,200 MW of renewable energy and 1,300 MW of battery storage systems, aiming to meet the anticipated 8% rise in demand and to prevent the power outages that occurred in 2023. Additionally, efforts are focused on ensuring the stability of natural gas supplies by improving fuel efficiency and activating the Damietta liquefied natural gas storage facility.

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