Egyptian production struggling with domestic demand
Energy production is not keeping up with soaring domestic demand, damaging the economy in the country that launched the Arab uprisings
The popular revolt that led to the downfall in 2011 of Egypt's President Hosni Mubarak marked the earliest and most significant chapter of the Arab Uprisings. Not only is Egypt the most populous and economically diverse Arab country, but it lays a reasonable claim to being at the metaphysical and geographical heart of the Arab world, situated at the crossroads between Arabic-speaking North Africa, the Levant and the Gulf. Egypt, one can say, provides a template for understanding the political tsunami engulfing countries elsewhere in the Middle East and North Africa (Mena) region. But Egypt's political evolution has proven more complex than the swift demise of the Mubarak regime would suggest
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks