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The UK sees Egypt as a potential renewable energy powerhouse — here’s why: The UK is convinced that Egypt should be able to export renewable energy to Europe. “It already exports gas, but the big dream is a direct pipeline of renewable energy right into Europe,” UK Ambassador to Egypt Gareth Bayley told us on […]
Author Archives: enterpriseam admin
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Posted inFOUNDER OF THE WEEK
Tackling structural inefficiencies to save energy in emerging markets
My name is Ahmed Ashour (LinkedIn) and I’m the CEO and cofounder of Egypt’s Pylon. I started my professional career working at Sewedy Electrometer, a metering solutions and services firm that helps electricity, water and gas utility firms with revenue collection, network loss reduction and load management. As the commercial director of the company, I […]
Posted inCALENDAR
OCTOBER 10 October (Monday): Egyptian Center for Economic Studies’ Climate and Development: Synergies and Trade-offs seminar, Institute of National Planning, Cairo, Egypt. 12 October (Wednesday): Top 50 Women Forum and Egyptian Institute of National Planning’s Women Towards Sustainability seminar, Egypt. 16-19 October (Sunday-Wednesday): Cairo Water Week 2022, Nile Ritz Carlton, Cairo. 24-26 October (Monday-Wednesday): International […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Saudi EV plans push ahead + Lebanon’s solar scammers + 90 country leaders are coming to COP27
Good morning, wonderful people. It was a slow news day yesterday, but we’re not complaining. It gave us plenty of time to discuss how the UK government is working on climate change in Egypt. Among those with whom we had the chance to speak was UK Ambassador to Egypt Gareth Bayley. *** Take our EV […]
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Posted inM&A WATCH
Multiply bought a majority stake in International Energy Holding Company
ADX-listed Multiply Group acquired an 80% stake in UAE-based International Energy Holding Company, a subsidiary of International Holding Company (IHC), it announcedin a statement yesterday. Multiply is a conglomerate with businesses in sectors ranging from media to mobility; it’s now looking to grow its investment in clean energy globally. “The industry offers strong growth potential […]
Posted inWASTE MANAGEMENT
The GCC needs USD 130 bn to achieve its circularity targets
The cost of the GCC going full circular: The GCC has the potential to be a powerhouse in the circular economy, with the ability to collect almost 90% of solid waste and recycling around 75% of waste across all sectors of the economy by 2040, according to a recent study (pdf) by the World Business […]
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Posted inON YOUR WAY OUT
Nestlé to the rescue
Nestlé will invest USD 1 bn to save coffee from climate-related threats. The world’s largest coffee company, Nestle, has committed to investing upward of CHF 1 bn (USD 1 bn) to encourage sustainable farming among suppliers, as farmers contend with extreme weather and other climate change-related challenges, Bloomberg writes. The Swiss company, which works with […]