US EditionEgypt Enacts Energy Saving Measures as Iran War Affects Import Costs
Egypt aims to save $50 million by reducing electricity consumption in shops and restaurants amid soaring fuel import costs caused by the Strait of Hormuz closure.
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Egypt to slow some state projects amid Iran war
Egypt will slow down large state projects that involve high fuel and diesel consumption for at least two months, while fuel allocations for all government vehicles will be cut by 30 percent, Prime Minister Mostafa Madbouly said on Saturday. Madbouly also said that both the public and the private sectors, with the exception of services and manufacturing sectors, will work remotely on every Sunday of April. The measure could be extended to an addi…
Egypt will introduce emergency measures for energy saving starting this weekend, a drastic decision that comes at the bottom of the increase in fuel costs. On the basis of this situation, there are fears of an energy crisis, amplified by the closure of the Ormuz Stream. Voyage Program for Stores and Restaurants Prime Minister Mostafa Madbouly announced that the new rules will be [...]
Egypt will impose emergency energy-saving measures this weekend as the closure of the Strait of Hormuz drives up fuel costs and raises fears of an energy crisis.
Cafes, restaurants, bars, and shops in Egypt will close at 9:00 PM and at 10:00 PM on Thursdays and Fridays, the government in Cairo has decided. This is a result of the energy crisis triggered by the war in the Middle East. The restrictions do not apply to the most popular tourist destinations.
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