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MENA saw a slew of green and renewable energy projects either being signed or kicked off on the sidelines of COP27 yesterday, but green hydrogen was by far the belle of the ball. We saw the commissioning of a landmark green hydrogen facility in Egypt — the country’s first — along with expectations of more […]
Author Archives: enterpriseam admin
Posted inUncategorized
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Posted inCLIMATE CEO POLL
The Enterprise Climate CEO Poll: Actis’ Sherif El Kholy
Enterprise Climate CEO Poll- Sherif El Kholy, Actis: 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. Sherif El Kholy (LinkedIn) is a partner […]
Posted inCLIMATE FINANCE
EBRD lends Taqa Arabia USD 5.5 mn for solar plant in Egypt
EBRD, GEF, lend Taqa Arabia USD 5.5 mn for solar plant: TheEuropean Bank for Reconstruction and Development (EBRD) will extend a USD 5.5 mn loan — comprised of USD 4.95 mn from the EBRD and a USD 550k concessional loan from the Global Environment Facility (GEF) — to Taqa Arabia subsidiary Taqa PV for Solar […]
Posted inRENEWABLES
Israel and Jordan ink renewables trade agreement
Jordan agrees to trade solar for water from Israel: The two countries inked an agreement that will see Jordan export 600 MW of solar power in exchange for 200 mn cubic meters of desalinated water from Israel, Reuters reports. No details about the cooperation project’s timeline or longevity were disclosed. Background: Discussions about the agreement […]
Posted inALSO ON OUR RADAR
DP World invests USD 500 mn to slash carbon emissions
UAE-based DP World will invest USD 500 mn to cut carbon emissions by 2027, the cargo and port terminal logistics company announced via video message at COP27 on Monday. The company is planning to slash emissions up to 700k tons, a 20% cut from 2021 levels. Other sustainability measures taken will include replacing its diesel-powered […]
Posted inON YOUR WAY OUT
KSA earmarks USD 25 mn to protect endangered species
KSA earmarks USD 25 mn to protect endangered species: As part of KSA’s USD 186 bn Saudi Green Initiative (SGI), the Sharaan Nature Reserve will work to restore 100 hectares of land for ecological rehabilitation projects by 2030, Arab News reports. Protecting wildlife: Approximately 82.7k square kilometers will protect some 500 species of flora and […]
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: COP27 world leaders’ summit kicks off + The first interview in our Enterprise Climate CEO Poll series + GCC developments at risk of rising sea levels
Good morning, ladies and gentlemen. Between the first day of the world leaders’ summit at COP27 and the first interview in our Enterprise Climate CEO Poll series, we have a busy issue for you — let’s jump right in: THE BIG CLIMATE STORY EVERYWHERE- COP27, naturally enough. Egypt’s President Abdel Fattah El Sisi opened the […]
Posted inUncategorized
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