Ahmed Hagagy

4 weeks ago | reuters.com | Ahmed Hagagy

KUWAIT CITY, May 29 (Reuters) - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said.

1 month ago | bilyonaryo.com | Ahmed Hagagy

SOURCE: ReutersKuwait’s crypto crackdown aims to prevent power blackoutsCrypto mining blamed for strain on Kuwait’s electrical gridEnergy consumption in Al-Wafrah dropped 55% after crackdownBy Ahmed HagagyKUWAIT, May 1 (Reuters) – Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a “major” cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the start of a sweltering summer.

1 month ago | ca.news.yahoo.com | Ahmed Hagagy

An aerial view taken with a drone shows Kuwait Telecommunication Tower and the surrounding in Kuwait CityKUWAIT (Reuters) -Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the start of a sweltering summer.

2 months ago | zawya.com | Ahmed Hagagy

Egypt expects to harvest 10 million tonnes of wheat this year, up from 9 million in 2023, driven by improved crop yields and ambitious land reclamation efforts, Agriculture Minister Alaa Farouk told Reuters late on Wednesday.

2 months ago | zawya.com | Ahmed Hagagy

SUKUKEgypt open to debt-for-investment swaps, similar to the Ras El Hekma development deal with the United Arab EmiratesApril 9, 2025KUWAIT: Egypt, which is short of foreign currency, plans to issue $2 billion in Islamic bonds or sukuks in 2025 via multiple offerings and has appointed banks for the issuance, Finance Minister Ahmed Kouchouk told Reuters on Wednesday.