EuroAfrica Interconnector, developer of the 498km Egypt-Cyprus ‘electricity highway’, is a step closer to implementation and keeping its December 2023 timeframe, after receiving binding bids from two leading global cable suppliers for
Sir Christopher Pissarides, a Nobel prize-winning economist, has joined the EuroAfrica project to build a 1,000MW Egypt-Cyprus electricity interconnector scheduled to be operational by end 2023. The 2010 Nobel laureate and Professor
Cairo and Nicosia have stepped up discussions over preparations for a joint gas pipeline project aimed at transforming Egypt into a regional energy trade hub, according to reports. Arab News, citing an
A month after completing all licensing procedures in Cyprus for the EuroAsia Interconnector subsea electricity cable, licenses for the second ‘electricity highway’, the EuroAfrica Interconnector have been issued. Daily Phileleftheros reported that
By Costis Stambolis The signing on Thursday in Cairo of an agreement between the Egyptian and the Greek governments for the delineation of a segment of their sea boundaries, paves the way
The East Med geopolitical constellation keeps changing almost daily. Greece and Egypt signed a maritime agreement to establish the exclusive economic zone (EEZ) of the two countries. Egyptian Minister of Foreign Affairs
Supplying Egypt with, as yet, untapped Cyprus natural gas was reaffirmed during a video conference held between Cypriot Energy Minister Natasa Pilides and Egyptian Oil Minister Tarek El Molla. Speaking to CNA,
Hidden behind a global Corona fog, East Med security is heading towards a major showdown. Turkey’s president Erdogan’s current chess play seems to be better than the moves being made by other
The European Union and the European Bank for Reconstruction and Development (EBRD) are providing some €61 mln in ‘green finance’ to support green, innovative investments in Egypt, Morocco and Eastern Partnership countries
The European Bank for Reconstruction and Development (EBRD) is reinforcing its support for the Egyptian economy with $300 mln of fresh facilities to two leading banks in Egypt to support businesses and
