Egypt rations electricity to free up energy for exports ...Kuwait

News by : (The New Arab) -
An economic crisis spurred by the Ukraine war is casting darkness upon Egypt's streets, as the government dims lights to free up energy for export and bolster hard currency reserves. Russia's invasion of Ukraine had an immediate impact on Egypt, the world's biggest wheat importer which has relied on the ex-Soviet states for over 80 percent of its grain. Government started enforcing the new regulations to save energy. Street lights are off in #Cairo, police ordering shop owners to do the same. These measures are part of the gov. plan to replenish #Egypt's struggling foreign currency reserves through exporting natural gas. — الحنفي (@Ezzouy) August 20, 2022 Egypt, wh

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