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QatarEnergy could get a 20-25% stake in the USD 27 bn cluster of energy projects in Iraq it has been eyeing, Bassem Abdul Karim, head of Iraq’s state-owned oil and gas producer Basra Oil Company (BOC), told Reuters last week. The projects, which are jointly owned by France’s TotalEnergies and the Iraqi government, include a […]
Author Archives: enterpriseam admin
Posted inUncategorized
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Posted inALSO ON OUR RADAR
KSA is building indoor vertical farms courtesy of a JV with US-based Aerofarms
KSA, Aerofarms form JV for indoor vertical farming: KSA’s sovereign wealth fund the Public Investment Fund and US-based AeroFarms have signed a joint venture agreement to build and operate indoor vertical farms in Saudi Arabia and MENA, according to a statement released last week. The first farm will be the largest of its kind in […]
Posted inON YOUR WAY OUT
Saudi Arabia is turning a former desalination plant into museum
A former desalination plant is being transformed into The Jeddah Central Museum, Arab News reports. Set to open its doors in 2028, the desalination plant-turned-museum will bring together the city’s industrial and cultural heritage, along with a science education element as it plans to incorporate a display of the desalination process, its website notes. From […]
Posted inCALENDAR
FEBRUARY 2023 4-9 February (Saturday- Wednesday) International Association for Energy Economics’ International Conference, Riyadh, Saudi Arabia. 6-8 February (Monday-Wednesday): Saudi International Marine Exhibition and Conference, Riyadh, Saudi Arabia. 7 February (Tuesday): Cairo Forum for Sustainable Maritime Transportation Funds, Cairo, Egypt. 21-23 February (Tuesday-Thursday): World Environment, Social and Governance (ESG) Summit, Dubai, UAE. MARCH 2023 7-9 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Spain ♥️ Morocco’s renewables + Saudi wants to convert biowaste into fertilizers
Good morning, friends. This morning’s issue is heavy on climate finance with a bit of friendly diplomacy — plus the latest drama from Adani Enterprises — thrown in to keep it interesting. THE BIG CLIMATE STORY- Spanish Prime Minister Pedro Sanchez is in Morocco today on a high-level meeting visit alongside over a dozen ministers […]
Posted inUncategorized
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Posted inGREEN FINANCE
EBRD loans Turkey EUR 25 mn to support green business
Turkey gets a EUR 25 mn loan to finance renewable energy projects courtesy of the EBRD: The European Bank for Reconstruction and Development (EBRD) has extended a USD 25 mn loan to Turkish leasing firm Garanti Finansal Kiralama for on-lending to green businesses, according to a statement. The loan falls under the umbrella of EBRD’s […]
Posted inBIOWASTE
Saudi Arabia signs agreement to convert biowaste into fertilizers
KSA inks agreement on biowaste recycling: Saudi Arabia’s state-owned National Agricultural Development Company (Nadec) signed an agreement with the Saudi Investment Recycling Company (SIRC) to jointly recycle 400k tons of biowaste yearly with the goal of converting the refuse into organic fertilizers, according to a Tadawul filing. Public Investment Fund-owned firm SIRC had signed a […]
Posted inCLIMATE FINANCE
Enterprise sits down with the EBRD’s Maya Hennerkes
How the EBRD helps partners overcome barriers to climate financing: The European Bank for Reconstruction and Development (EBRD) is one of the world’s largest multilateral development banks and the organization leading the energy pillar of Egypt’s Nexus on Water, Food and Energy (NWFE) initiative. Its climate-focused regional investment includes agribusiness in Tunisia, Egypt’s Benban solar […]