Gulf Energy Investment Surges in Egypt, Led by the UAE

Gulf Energy Investment Surges in Egypt, Led by the UAE

Gulf countries are accelerating their geopolitical and economic diversification across Africa, with renewable energy emerging as a central pillar of this strategy. This push responds in part to the structural infrastructure and capacity deficits facing North African states, underscored in Egypt in 2024, when declining domestic production and rising demand forced more than USD 1 billion in additional LNG imports and triggered widespread power cut…