Climate (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Denmark is developing a 500 MW wind-to-hydrogen production facility in the North Sea, Reuters reports. The project will be the first of its kind in the country and is scheduled to come online in 2031. The project is a step towards fulfilling the Netherlands’ goal of producing 4 GW of hydrogen from renewable energy by […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Algae biofuel is still pulling in funding despite big oil companies exits
Does algae biofuel still have a wing and a prayer? US algae fuel company Viridos secured USD 25 mn funding from Bill Gates-led Breakthrough Energies, United Airlines and Chevron to continue developing the low-carbon fuel, Bloomberg reports. The new funding will go toward the company's efforts to genetically modify algae to produce low-carbon fuel for […]
Posted inCALENDAR
MARCH 2023 22-24 March (Wednesday-Friday): K.ey - The Energy Transition Expo, Rimini Expo Centre, Emilia-Romagna, Italy. 22-24 March (Wednesday-Friday): UN 2023 Water Conference, New York, NY, United States. 27-29 March (Monday-Wednesday): First Meeting of the Transitional Committee in Egypt focusing on Adaptation and Loss and Damage. APRIL 2023 6 April (Thursday): Arabia CSR Awards 2022 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: SIRC acquires 60% of Masab + USAID sets up funding for Lebanese solar power
Good morning, ladies and gents. As we enter the homestretch before Ramadan, the regional updates appear to be slowing down but there are still a few stories making headlines. THE BIG CLIMATE STORY- The Saudi Investment Recycling Company — a wholly owned subsidiary of KSA’s sovereign wealth fund the Public Investment Fund — acquired a […]
Posted inUncategorized
This publication is proudly sponsored by
Posted inM&A
Saudi Arabia’s SIRC acquires 60% of plastic recycling company Masab
SIRC becomes a majority shareholder in Masab: The Saudi Investment Recycling Company (SIRC) — a wholly owned subsidiary of KSA’s sovereign wealth fund the Public Investment Fund — acquired a 60% share in Masab Plastic Factory Company, the Saudi Press Agency reported. About Masab: Masab collects plastic scrap materials from households and recycles them into […]
Posted inCLIMATE FINANCE
USAID sets up a USD 20 mn fund to power Lebanese SMEs with solar energy
USAID launches fund to support Lebanese renewables development: The United States Agency for International Development (USAID) has launched a USD 20 mn Solar and Renewable Energy Fund to help spur private sector investments to finance the cost of solar power installations for Lebanese SMEs, the US embassy in Lebanon said in a statement on Friday. […]
Posted inUncategorized
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends miss out on Enterprise Climate. Point them to our subscription page here so they're up to date on the latest green economy news from MENA. Enterprise Climate is available without charge and delivered straight to your inbox Monday-Thursday at 6am UAE / 5am […]
Posted inELECTRIC VEHICLES
Japan’s SkyDrive heading to Dubai to test new eVTOLs
Japan’s SkyDrive will test eVTOLs in Dubai: Japanese electric vertical take-off and landing (eVTOL) aircraft manufacturer SkyDrive signed an agreement with Canadian air mobility infrastructure developer Vports to test and develop eVTOLs at Vports’ flight testing site in Dubai, according to a company statement released last week. The details: SkyDrive will use the 37k sq […]
Posted inALSO ON OUR RADAR
Air Products Qudra to build Neom hydrogen fueling station + Oman’s Be’ah will launch biogas, waste management facilities at SQU, PLUS: UAE launch plant-based meat factory and Circular Packaging Association
Air Products Qudra to build Neom’s first hydrogen fueling station: Air Products Qudra — a JV between US-based gas supplier Air Products and Qudra Energy — inked an agreement with Neom subsidiary Enowa to build, own, and operate Neom’s first hydrogen fueling station, Zawya reports. The timeline and investment ticket of the project were not […]