Egypt’s PM reviews energy projects and investment attraction efforts

Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review the progress of ongoing energy projects and discuss initiatives to attract further investments into the sector. He reaffirmed the state’s strong focus on the energy sector, emphasising the government’s efforts to create an investment-friendly environment capable of drawing local and foreign capital. The discussions highlighted renewable energy expansion as a strategic priority for sustainable development.

On Sunday, January 25, 2026, Prime Minister Mostafa Madbouly led a meeting at the government headquarters in the New Administrative Capital to assess the progress of energy projects underway across the country. According to Cabinet spokesperson Mohamed El-Homsany, the session covered the status of several such initiatives, including proposed timelines for linking their output to the national power grid. It also addressed preparations to improve the efficiency of electricity networks and transmission lines to handle the extra power from these developments.

The meeting examined energy projects under the government’s asset offering programme, designed to increase private sector involvement in various economic activities, speed up development efforts, and draw more domestic and foreign investment into the energy field. Discussions reviewed ongoing cooperation and partnerships with international companies implementing large-scale renewable energy projects in Egypt. These collaborations are anticipated to enable knowledge transfer and aid in meeting goals to raise the proportion of new and renewable sources in the national energy mix.

The Prime Minister stressed the need to address rising developmental and consumption demands, optimise available resources, and capitalise on promising investment opportunities, especially in electricity generation from new and renewable sources. Expanding renewable energy capacity stands as a key strategic priority in Egypt’s wider vision for sustainable development and long-term energy security.

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Egypt's Prime Minister Mostafa Madbouly stated that the country is prioritizing the rationalization of petroleum and electricity consumption while securing funds for energy imports to maintain national stability amid ongoing regional conflicts. Madbouly chaired a meeting with the ministers of electricity, finance, and petroleum to review measures for managing energy demand.

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Mahmoud Esmat, Egypt's Minister of Electricity and Renewable Energy, met with House Speaker Hesham Badawi ahead of his appearance before the Energy and Environment Committee. The minister outlined the ministry's strategy to safeguard electricity supply security and sustainability, advance the energy transition, and expand renewable energy use. Esmat reassured lawmakers about the national electricity system's performance and its ability to provide stable, uninterrupted power.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with a delegation from UAE-based AMEA Power to review progress on renewable energy and battery storage projects with a combined capacity of 1,500 MW.

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Prime Minister Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts for a sufficient and stable strategic stock of petroleum products. Discussions centered on ensuring adequate financial allocations to meet market demand and maintain stability.

 

 

 

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