Politics
Sisi directs localization of black-sand industries and budget-debt cuts in energy meeting
October 27, 2026 at 12:02 PM
Coverage
5 reports
President Abdel Fattah el-Sisi met senior cabinet ministers to review renewable-energy projects, black-sand manufacturing, and public-entity debt reduction.
- Sisi met Prime Minister Mostafa Madbouly, Electricity Minister Mahmoud Esmat, and Finance Minister Ahmed Kouchouk.
- Esmat said his ministry signed a contract for a 500-kilovolt overhead line to transmit wind power from the Gulf of Suez.
- Presidency spokesman Mohamed El-Shenawy said the 200-megawatt Gulf of Suez wind plant supports a 45% renewables share in the energy mix by 2028.
- Sisi directed localizing black-sand and rare-earth industries to convert raw Egyptian resources into higher-value products.


