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Egypt’s Sisi, AAIB chief discuss cooperation: Egyptian President Abdel Fattah El Sisi discussed with Asian Infrastructure Investment Bank (AIIB) President Jin Liqun exploring cooperation in clean energy, transportation, and the transition to a green economy on the sidelines of the AIIB annual meetings in Sharm El Sheikh, according to an Egyptian presidency statement. El Sisi […]
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
EBRD extends EUR 34.5 mn loan to Moroccan pharma group to “support greening”
A Moroccan pharma group is getting funds from EBRD for sustainability transition: The European Bank for Reconstruction and Development (EBRD) is loaning EUR 34.5 mn to H&S Holding subsidiary Dislog Group,a diversified industrial Moroccan group, according to an EBRD statement. A portion of the loan is earmarked for facilitating Dislog’s transition to sustainability, the statement […]
Posted inAROUND THE WORLD
UK’s BII plans USD 1 bn for India + Australia edges closer to renewable energy superpower
The UK has big climate plans for India: British International Investment (BII) — the UK government’s development finance institution — is planning to pour in c. USD 1 bn in climate-related projects in India by 2026, BII’s CEO Nick O’Donohoe tells Reuters. “We are evaluating exciting businesses in sectors such as biofuels, circular economy ... […]
Posted inCLIMATE IN THE NEWS
Firefighters turn to AI to help scope out and extinguish climate-induced wildfires
Firefighters turn to AI to help scope out and extinguish climate-induced wildfires: The latest intel by The Global Forest Watch confirms that climate change is spurring an increase in wildfires, affecting twice as much tree cover in 2023 compared to observed levels over the past two decades. To help tackle the problem, green tech developers […]
Posted inCALENDAR
SEPTEMBER 2023 26-27 September (Tuesday-Wednesday): GCC-Iraq Business Forum, Sharjah, UAE. 27-29 September (Wednesday-Friday): Algeria’s International Exhibition for Renewable Energy and the Environment, Algiers, Algeria. 28 September (Thursday): International Energy Agency Critical Minerals and Clean Energy Summit, Paris, France. Chariot Limited and Total Eren’s feasibility study on a 10 GW green hydrogen plant in Mauritania is […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Egypt’s FinMin wants green infrastructure financing from AIIB + Climate Future Week kicks off in Dubai
Good morning, ladies and gentlemen. We can’t say the news cycle has slowed down, but it has done a bit of shape-shifting, giving us a morning with a handful of significant stories to keep us busy. THE BIG CLIMATE STORY- Alpha Dhabi Holding — one of the UAE’s biggest conglomerates — is set to snap […]
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Posted inM&A WATCH
Conglomerate Alpha Dubai eyes majority stake in Metito Holdings
Alpha Dhabi set to buy majority shares in desal and wastewater treatment giant Metito: One of UAE’s biggest conglomerates, Alpha Dhabi Holding, is planning to acquire a majority stake in local water management solutions provider Metito Holdings pending regulatory approvals, according to a company statement. The agreement would help finance Metito’s plans to expand its […]
Posted inUncategorized
Posted inWATER TREATMENT
Project update: Adnoc + Taqa’s sustainable water project reaches financial close
Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi’s National Energy Company (Taqa) reached financial close on their USD 2.2 bn seawater treatment and sustainable water supply project for Adnoc’s onshore operations, according to a company statement. The project will be financed by a consortium of nine local and international banks — First Abu Dhabi […]