Climate (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Egypt receives AFD grant to develop climate finance strategy: The French Development Agency (AFD) will provide a EUR 1.5 mn grant to Egypt’s Environment Ministry in a bid to develop the national banking sector’s climate finance strategy, according to a ministry statement. Not the first time: AFD provided the National Bank of Egypt with a […]
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Ryse Energy secures USD 15 mn in growth funding for international expansion
Ryse Energy secures funds for untapped markets: UAE-based renewable firm RyseEnergy has raised USD 15 mn in a growth funding round led by RWE Energy Transition Investments, according to a statement. RWE Energy Transition Investments is the investment arm of RWE Supply & Trading which manages a portfolio of investments in companies and assets that […]
Posted inCoffee With…
Coffee With: Sherine Shohdy, Head of BII Egypt and North Africa coverage director
Coffee With: Sherine Shohdy (LinkedIn), Head of British International Investment’s (BII) Egypt Office and Coverage Director North Africa: Shohdy has served as BII’s Egypt Office and North Africa Coverage Director since July 2020, joining with a wealth of experience in Egypt and across the Middle East and North Africa working in development finance and the […]
Posted inCLIMATE DIPLOMACY
China wants more energy cooperation with Egypt
More Egypt-China energy cooperation? The Chinese Three Gorges International Corporation (CTGI) is exploring avenues for cooperation with Egypt on renewable energy projects including green hydrogen and seawater desalination, according to a statement released this week. Electricity and Renewable Energy Minister Mohamed Shaker met with CTGI’s CEO to discuss support and increased cooperation between Chinese companies […]
Posted inALSO ON OUR RADAR
UAE’s Tadweer and Austria’s OMV join forces on biofuel production
UAE’s Tadweer is exploring biofuel production: The Abu Dhabi Waste Management Company (Tadweer) has signed an agreement with Austria-based integrated oil and gas company OMV to explore areas for development in the production of biofuels and chemicals from biowaste, Wam reports. OMV wants to up its clean fuel production quota: OMV is also exploring — […]
Posted inAROUND THE WORLD
Romania’s Hidroelectrica will use upcoming IPO proceeds to boost investments in renewable projects
Romanian state-owned utility company Hidroelectrica is set to use proceeds from its upcoming IPO to expand partnerships with developers on new renewables projects, Bloomberg reports. The company intends to pull the trigger on its IPO on the Bucharest Stock Exchange by June, which is expected to raise as much as EUR 2.3 bn from the […]
Posted inCALENDAR
APRIL 2023 15-16 April (Saturday-Sunday): G7 Ministers’ Meeting on Climate, Energy, and Environment, Sapporo, Japan. 18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE. 29-30 April (Saturday-Sunday): First COP27 transitional committee workshop, Bonn, Germany. MAY 2023 1-4 May (Monday-Thursday): Arabian Travel Market, Dubai, UAE. 2-7 May (Tuesday-Sunday): Salon International de […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Empower’s AED 193 mn Dubailand district cooling facility is operational
Good morning, ladies and gents. We’re experiencing the first day of that Ramadan news slowdown we’ve been bracing for since the Holy Month kicked off, but there are still a few climate updates from around the world to dig into. OUR TOP CLIMATE STORY- UAE’s Empower launched commercial operations for its district cooling plant in […]
Posted inUncategorized
This publication is proudly sponsored by
Posted inDISTRICT COOLING
Empower brings its AED 193 mn Dubailand district cooling facility online
Emirates Central Cooling Systems (Empower) launched commercial operations for its district cooling plant in the UAE’s Dubailand, Wam reports. Empower awarded the contract for the construction of the facility to an undisclosed developer in 2022 at an investment ticket of AED 193 mn (c. USD 52.5 mn), according to the news agency. The details: The […]