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Metito is looking to support Egypt’s green hydrogen boost: UAE-based water management solutions provider Metito is in talks with developers to establish four desalination plants to support Egyptian green hydrogen production facilities, Metito Managing Director Karim Madwar tells AlMal. Each of the desalination facilities — all expected to be located in close proximity to planned […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
This small Canadian lake could mark a new chapter in Earth’s history
A quiet Canadian lake could mark the start of the Anthropocene: A small lake in Canada’s Ontario may be used as the marker for the start of Earth’s Anthropocene epoch — a new geological chapter defined by humanity’s impacts on the planet, Nature reported earlier this week. Researchers, who have spent 14 years debating how […]
Posted inCALENDAR
JULY 2023 15-16 July (Saturday-Sunday): Second COP27 transitional committee workshop, Bangkok, Thailand. 18-19 July (Tuesday-Wednesday): Egypt Mining Forum, Cairo, Egypt. 22-23 July (Saturday-Sunday): International Conference on Solar Power Technology, Dubai, the UAE. 25-26 July (Tuesday-Wednesday): London Hydrogen-Africa Green H2 Investment Forum, London, UK. TBD: Egypt’s post-COP27 Environmental and Climate Investment Forum, hosted by Egypt, Switzerland […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: KSA’s SNB Capital acquires a stake in EV battery manufacturer SK On
Good morning, ladies and gents. The news cycle has slowed down significantly, giving us a quiet morning today. THE BIG CLIMATE STORY- Saudi Arabia’s SNB Capital has acquired an undisclosed stake worth USD 100 mn in Korean battery manufacturer SK On through its SNB Capital EV Batteries fund. The proceeds from the acquisition will be […]
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Posted inM&A WATCH
KSA’s SNB Capital acquires an undisclosed stake worth USD 100 mn in Korean EV battery manufacturer SK On
Saudi Arabia’s SNB Capital has acquired an undisclosed stake worth USD 100 mn in Korean battery manufacturer SK On, according to a statement. The stake was acquired through the Saudi financial institution’s SNB Capital EV Batteries fund. Where the funds are going: The proceeds from the acquisition will be used to further the Korean company’s […]
Posted inUncategorized
Posted inCoffee With…
Global Carbon Council’s COO Kishor Rajhansa talks MENA carbon markets
Coffee with: Kishor Rajhansa, Chief Operations Officer of the Global Carbon Council: Kishor Rajhansa (LinkedIn) serves as the chief operations officer of the Global Carbon Council (GCC). Prior to his appointment as COO, he served as the technical and strategy director of the GCC and the Carbon and Climate Action Executive Director of the Gulf […]
Posted inCLIMATE DIPLOMACY
Russia and the GCC want to partner on renewables, nuclear power, and green hydrogen
Russia + GCC want to partner on renewables, nuclear power, and green hydrogen: The Gulf Cooperation Council (GCC) and Russia are adopting a joint action plan for 2023 to 2028 that will see them set up frameworks for partnership in renewables, nuclear power, energy efficiency, circular carbon economy, and green hydrogen production, the Saudi Press […]
Posted inFROM THE CLIMATE STORE
The all-electric luxury BMW iX lands in Saudi Arabia
BMW iX EV now available in KSA: BMW’s all-electric EV iX is now available in the KSA courtesy of Mohamed Yousuf Naghi Motors, the licensed importer of BMW vehicles in Saudi Arabia, according to a statement. The new luxury EV comes in two all-wheel drive, dual motor all-electric models: the iX xDrive50 and the iX […]