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The UAE’s Taqa Group reported AED 2.2 bn in net income in 3Q 2022, up 59% y-o-y, according to its management discussion and analysis presentation (pdf). The company saw AED 13.7 bn in gross revenues during the quarter, rising 14.3% y-o-y. On a nine-month basis, Taqa’s bottom line rose 53% y-o-y to AED 6.5 bn […]
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
Morocco + Belgium ink agreement on solar thermal energy, EU earmarks EUR 8 mn for sustainable fishing in the Med, KSA and Indonesia explore green energy value chain
Morocco, Belgium ink agreement on renewables: Morocco and Belgium will collaborate on a project for the production and storage of solar thermal energy (STE) from renewable sources, Morocco World News reports. The facility will harness the thermal energy produced from Morocco’s 580 MW Noor Ouarzazate solar energy farm and transform it into electricity to offset […]
Posted inON YOUR WAY OUT
In a continuation of heaven and hell references at COP27…
Step into the future of the planet through art: Egyptian-Lebanese artist BahiaShehab partnered with art studio Fine Acts for an art installation dubbed “Heaven and Hell in the Anthropocene” where COP27 attendees could envision two different climate change outcome scenarios based on their climate action choices, according to a statement. Attendees answered a few questions […]
Posted inCALENDAR
NOVEMBER 7-18 November (Monday-Friday): Egypt hosts COP27 in Sharm El Sheikh. 15 November (Tuesday): Hawkamah Annual Conference (Building Investor Confidence Through Governance), Dubai, UAE. 23-24 November (Wednesday-Thursday): Global Conference on Sustainable Partnerships, The Ritz-Carlton, Riyadh, Saudi Arabia. Deadline of bid submissions for the Ras Mohaisen – Baha – Makkah Independent Water Transmission Pipeline in Saudi […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Enterprise Climate X Forum is happening at GEM + KSA’s climate pledges take center stage at COP27 day 8 + Brazil wants to host a COP, too
Good morning, ladies and gentlemen, welcome to week two of COP27. It’s day eight of the summit, and we have a roundup of all the news you may have missed over the weekend (or on your very well-earned ‘day off’ yesterday). THE BIG CLIMATE STORY: Saudi Arabia came in hot with a slew of pledges […]
Posted inUncategorized
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Posted inCLIMATE CEO POLL
The Enterprise Climate CEO Poll: Schneider Electric’s Sebastien Riez
Enterprise Climate CEO Poll- Sebastien Riez, Schneider Electric: With all eyes on Sharm El Sheikh as COP27 continues, Enterprise Climate and EnterpriseAM are presenting our inaugural Climate CEO Poll, a series of interviews with top CEOs to discuss key issues including climate finance, regulation, and the green economy. Sebastien Riez (LinkedIn) is the Northeast Africa, […]
Posted inELECTRIC VEHICLES
Cadillac EVs will land in Egypt by 2023, Al Mansour will start assembly in Egypt
Electric Cadillacs are coming to Egypt: General Motors (GM) and Al Mansour Automotive will roll out Cadillac’s all-electric mid-size luxury SUV Lyriq in Egypt by the end of 2023, the two companies announced in a statement (pdf) last week. Five other Cadillac EVs are slated to hit the Egyptian market two years later, according to […]
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 / […]