Get EnterpriseAM daily

Available in your choice of English or Arabic

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: GCC appetite for India’s Adani Enterprises’ green finance-focused secondary offering goes south + Rumors PIF wants the rest of EV maker Lucid Group

Good morning, ladies and gents. For our Egypt-based readers, we hope the long weekend treated you well, and for those elsewhere in the region, we hope you had a restful couple of days to gear up for the week. We have a lot of news to cover this morning, so let’s jump right in. THE […]

Posted inM&A WATCH

GCC investment in Adani Enterprises’ green finance-focused secondary offering isn’t going as planned

Strong GCC investor interest in India’s Adani Enterprises is at risk: While GCC investors had been eyeing bids for the INR 200 bn (USD 2.45 bn) secondary offering of India’s Adani Group subsidiary Adani Enterprises — which kicked off last Wednesday — a report published last week by Hindenburg Research has led the company’s share […]

Posted inM&A WATCH

Is PIF acquiring EV maker Lucid Group?

PIF may be mulling an acquisition of EV maker Lucid Group: Market speculation that Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), wants to fully acquire US-headquartered EV maker Lucid Group saw the company’s shares surge some 43% on Friday, Reuters reports. PIF already holds a majority stake of over 65% in the […]

Posted inDiplomacy

Iraq and France to boost cooperation in renewables + Qatar eyes a stake in Iraqi energy projects

Iraq and France have inked agreements as part of a strategic roadmap to expand cooperation in renewable energy among other sectors, according to a statement released on Friday. Iraqi Prime Minister Mohammed Shia al-Sudani and French President Emmanuel Macron met in Paris on Thursday to discuss expanding cooperation in energy and public transportation, among other […]

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 inHYDROGEN

Algeria partners on low-carbon hydrogen production facility in Italy

Algeria partners on hydrogen production in Italy: Algerian state-owned energy firm Sonatrach and South Africa’s petrochemicals company Sasol will establish low-carbon hydrogen production and synthetic gas generation plants equipped with carbon capture and storage tech in Sicily, according to a statement by Sasol. The timeline and financials of the projects were not disclosed. The details: […]

Posted inALSO ON OUR RADAR

KSA turns to robotic mining + Tunisia invites bids on 1.4 GW of renewables projects

Saudi’s Ma’aden signed an MoU with US-based AI robotic mining company Offworld to explore zero-carbon mining in the kingdom, according to a press release published on Friday. The agreement will allow Ma’aden to use robotic mining swarms that eliminate mining’s carbon footprint and the need for human miners. How does it work? Offworld’s smart robot […]

Now Playing
Now Playing
00:00
00:00