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Posted inUncategorized
Author Archives: enterpriseam admin
Posted inM&A WATCH
Adnoc becomes a majority shareholder in Fertiglobe
Adnoc bought a 50% +1 stake in the Adnoc-OCI JV for USD 3.62 bn
Posted inINVESTMENT WATCH
UAE’s Mubadala Investment Company partners with Hyundai on co-investments in green mobility and green tech
Mubadala and Hyundai will invest in green mobility, green steel production, green aluminum production and recycling
Posted inGREEN HYDROGEN
Masdar signs a strategic joint development and investment framework agreement with the Clean Hydrogen Infrastructure Fund
Masdar will get access to a pipeline of up to EUR 2 bn in co-invest and co-develop in green hydrogen supply chain projects globally
Posted inM&A WATCH
Egyptian solar panel supplier Sunway plans to acquire two local solar solutions firms
Egypt’s Sunway plans to acquire two local solar solutions firms + eyes further expansion in KSA as part of a target to 200x revenues in 2024.
Posted inELECTRIC VEHICLES
Korean automaker KG Mobility to start manufacturing Torres EV in kingdom
SNAM up its production capabilities to domestically assemble KGM’s signature all-electric Torres EVX in Saudi Arabia
Posted inGREEN HYDROGEN
We have more details on Hydrom’s new hydrogen infrastructure company
Oman’s Hydrom incorporated a new company tasked with establishing common hydrogen infrastructure including water supply systems, electricity interconnectors, and hydrogen pipelines by 2029 in a bid to grow its green fuels sector.
Posted inGREEN MANUFACTURING
Neom’s Enowa partners with Belgium’s Solvay on carbon-neutral soda ash
The plant is set to begin production by 2030 with a capacity of 500k tons of soda ash
Posted inDEBT WATCH
UAE’s Tabreed secures AED 600 mn Green Revolving Credit Facility
The funds will go towards advancing sustainable cooling solutions.