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Spain targets renewables during Morocco visit: Spain will extend a EUR 800 mn credit line to Morocco and sign 20 MoUs including renewable energy development agreements, Spanish Prime Minister Pedro Sanchez is expected to announce today, Bloomberg reports. Sanchez kicked off a two-day high-level meeting visit to Rabat yesterday alongside 12 ministers from his cabinet […]
Author Archives: enterpriseam admin
Posted inUncategorized
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends to 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 / […]
Posted inALSO ON OUR RADAR
Israeli nuclear fusion company secures funds to advance prototype development
Israel nuclear fusion energy startup NT-Tao raised USD 22 mn in a series A funding round, according to a statement. The round was led by Fortune 500 downstream energy company Delek US, NextGear Ventures, and Honda, among others. The company will use the funds to proceed with prototype development and establish a new research center. […]
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. 21-23 February (Tuesday-Thursday): World Environment, Social and Governance (ESG) Summit, Dubai, UAE. MARCH 2023 7-9 March (Tuesday-Thursday) Middle East Energy Exhibition, Dubai World Trade Center, Dubai, UAE. […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Egypt’s green SMEs will get a extra boost of funding from EBRD and friends
Good morning, wonderful people. We have a mixed bag of news from the region as we inch closer to the weekend — let’s dive in. THE BIG CLIMATE STORY- The European Bank for Reconstruction and Development and partners launched the second phase of the Green Economy Financing Facility program in Cairo yesterday, which will provide […]
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Posted inGREEN FINANCE
Phase II of the Green Economy Financing Facility in Egypt could scale climate investment
EBRD and partners launch GEFF II in Cairo: Egypt will receive USD 175.5 mn for on-lending to the private sector from the European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund (GCF)’s Green Economy Financing Facility program (GEFF), according to an EBRD statement issued yesterday. EBRD and its […]
Posted inDECARBONIZATION
UAE and France agree to work together on decarbonizing hard to abate industries
UAE, France ink decarbonization agreement: The UAE and France have agreed to launch a program to increase green investments and focus on the decarbonization of hard to abate (HTA) industries, Wam reports. The agreement came during French Finance Minister Bruno Le Maire’s meeting with the UAE’s Industry and Advanced Technology Minister and COP28 President-Designate for […]
Posted inSTARTUP WATCH
UAE investors drum up GBP 30 mn to buy bankrupt British battery company
Are UAE investors bailing out a defunct UK EV battery producer? UAE-based entrepreneur and former CEO of Britishvolt Orral Nadjari has raised between GBP 25-30 mn from undisclosed Emirati investors to submit a bid to buy back his company, the Financial Times reports, citing sources familiar with the matter. Nadjari founded the business in 2019 […]
Posted inUncategorized
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends to 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 / […]