Egypt Seeks Power Linkage with Europe

Egypt is continuously strengthening power linkage lines with neighboring countries. (Getty Images)
Egypt is continuously strengthening power linkage lines with neighboring countries. (Getty Images)
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Egypt Seeks Power Linkage with Europe

Egypt is continuously strengthening power linkage lines with neighboring countries. (Getty Images)
Egypt is continuously strengthening power linkage lines with neighboring countries. (Getty Images)

Egypt is continuously strengthening power linkage lines with neighboring countries such as Jordan, Sudan, and Libya, announced Minister of Electricity Mohamed Shaker.

He said the goal in the coming period would be achieving electrical linkage with Europe through maritime cables, which will reach a number of countries in the continent.

He confirmed that the launch of power projects to connect with Libya is a fundamental and strategic goal for the two countries, reported the Middle East News Agency (MENA).

Egypt succeeded in generating electricity to Libya through already existing projects, said Shaker.

The Ministry is studying a huge project for power linkage with Cyprus, Crete and eventually Greece, he revealed.

“When this project is complete, Cairo will be a central hub for electrical interconnection between three continents as Egypt is already electrically connected with both Jordan and Libya,” he said.

Egypt has close relations with Greece and Cyprus, and the three countries regularly hold summits within the framework of their energy cooperation in the Mediterranean.

In December, Egyptian President Abdel Fattah al-Sisi stressed that the cooperation stems from balanced positions based on respect, good neighborliness, and mutual interests for the security and stability of the Eastern Mediterranean region.

Egypt is also exploring another project that would add power linkage with Saudi Arabia at peak consumption times throughout the day, announced Shaker.



Al-Falih: Saudi-US Investment Forum Consolidates the 2 Countries’ Partnership

Saudi Investment Minister Khalid al-Falih speaks at the forum. Asharq Al-Awsat
Saudi Investment Minister Khalid al-Falih speaks at the forum. Asharq Al-Awsat
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Al-Falih: Saudi-US Investment Forum Consolidates the 2 Countries’ Partnership

Saudi Investment Minister Khalid al-Falih speaks at the forum. Asharq Al-Awsat
Saudi Investment Minister Khalid al-Falih speaks at the forum. Asharq Al-Awsat

Saudi Investment Minister Khalid al-Falih said Tuesday the Saudi-US Investment Forum consolidates the partnership between the two countries.

Al-Falih praised US-Saudi relations as he spoke at the Forum held in Riyadh.

“Our bilateral relationship is one of the world’s most significant geostrategic bonds, with economic cooperation and business partnerships at its core, and serves as a force for peace and global prosperity,” he said.

He reiterated a pledge by the Saudi Crown Prince to see investment in the US of $600 billion over the next four years.

The Forum is being held on the occasion of US President Donald Trump’s visit to the Kingdom.