Egypt to increase its share of renewable energy to 22% in 2020
Minister Sahr Nasr & director of Scatec Solar company Morten Langsholdt
Cairo - Arab Today
International Cooperation Minister Sahr Nasr stressed on Monday that the country is moving on the right direction to achieve sustainable development as it set a goal to increase its share of renewable energy to 22% by 2020.
Nasr, during a meeting with country director of Scatec Solar company Morten Langsholdt, said the country is trying hard to diversify energy sources and to exploit its massive solar energy resources.
She added that providing an investment-magnet atmosphere and improving business climate are on the top of her ministry's priorities to achieve hoped-for growth rate.
She welcomed Norwegian investments in Egypt in the solar energy domain.
The Norwegian official said the company, in cooperation with a number of investors, the International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD), to pump three billion dollars in renewable energy investments in Egypt.
He noted that 40 solar stations of a 1,800 MW capacity will be set up in Banban area in Aswan and they will be operational in 2018.
Source: MENA
- Tuesday ,08 November GMT 22:27 2016 Int'l coop. min., Swiss amb. probe bolstering joint coop. in developmental domain
- Tuesday ,08 November GMT 05:16 2016 Int'l coop. min., Swedish amb. probe bolstering joint coop. in developmental domain
- Wednesday ,19 October GMT 20:06 2016 Int'l cooperation minister, UNFPA official discuss means to combat population growth
- Thursday ,06 October GMT 21:12 2016 Int'l Cooperation Minister , EAEF chairman probe increasing investments
GMT 22:27 2016 Tuesday ,08 November
Int'l coop. min., Swiss amb. probe bolstering joint coop. in developmental domainGMT 05:16 2016 Tuesday ,08 November
Int'l coop. min., Swedish amb. probe bolstering joint coop. in developmental domainGMT 20:06 2016 Wednesday ,19 October
Int'l cooperation minister, UNFPA official discuss means to combat population growthGMT 21:12 2016 Thursday ,06 October
Int'l Cooperation Minister , EAEF chairman probe increasing investmentsGMT 21:03 2016 Thursday ,06 October
Egypt, Japan probe funding Grand Egyptian Museum
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 09:55 2017 Thursday ,29 June
Lebanon dam planned over seismic fault line stirs fears
GMT 11:18 2017 Friday ,24 November
New Zimbabwe president praises 'father of the nation' Mugabe
GMT 09:44 2017 Wednesday ,29 November
Abbott Lyon reveals collaborationGMT 14:36 2011 Sunday ,13 November
Caretaker President kick-starts celebration of National Tree Day
GMT 09:55 2015 Tuesday ,12 May
Cachet to launch hotel and club in Hangzhou
GMT 12:47 2014 Monday ,05 May
Tips to lighten lips naturally
GMT 01:06 2017 Monday ,09 January
Robots show their ‘personality’ at big tech show
GMT 20:46 2017 Tuesday ,22 August
Sao Paulo stock market closes at highest mark since 2011
GMT 12:20 2018 Wednesday ,17 January
Putin seeks to be 'emperor for life': Kremlin critic Navalny to AFP
GMT 23:55 2014 Saturday ,29 March
Ayesha Afzal Rathore explores life through poetry
GMT 18:15 2015 Saturday ,03 October
Gosden concerned by Arc traffic problems for Derby hero
GMT 10:50 2017 Tuesday ,28 March
South African anti-apartheid icon Ahmed Kathrada dies aged 87
GMT 13:37 2017 Friday ,15 September
Cassini spacecraft completes death plunge into Saturn
GMT 14:07 2017 Friday ,14 July
Amid antitrust concerns, fantasy sports sites call off merger
GMT 08:27 2017 Monday ,10 July
Jihadists battle Libya forces in 'liberated' Benghazi
GMT 15:13 2017 Thursday ,26 October
Google and Cisco join forces in the cloud
GMT 19:17 2017 Sunday ,12 November
Saudi Arabia tightens security at oil facilities after Bahrain pipeline attack
GMT 11:36 2017 Wednesday ,22 November
Search for missing Argentina sub stretches into sixth day
GMT 10:52 2017 Saturday ,02 December
Pterosaur hatchlings needed their parents, trove of eggs reveals
GMT 22:06 2016 Wednesday ,16 March
Puchner takes shock downhill win as Vonn collects title
GMT 12:40 2017 Wednesday ,12 April
Hamadeh marking Teacher's Day promises to follow up on righteous salary scale
GMT 16:19 2017 Tuesday ,08 August
World to witness partial lunar eclipse on Monday
GMT 07:38 2017 Monday ,25 September
US military kills 17 Daesh militants in Libya airstrikes
GMT 21:03 2016 Wednesday ,30 March
China Launches Satellite to Support Global Navigation
GMT 18:47 2017 Saturday ,09 December
Erdogan warns U.S. Jerusalem decision breaches int'l law
GMT 13:11 2017 Friday ,01 December
Pope refers to 'Rohingya' after meeting refugees
GMT 23:15 2017 Sunday ,05 November
Kingdom Holding shares dive after ‘arrest’ reports
GMT 11:58 2017 Thursday ,30 November
Smartphone market seeing steady growth
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
