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Oman wants to repurpose its natgas network to transport hydrogen: The owner and operator of Oman’s gas pipeline system, state-owned OQ Gas Networks, has begun tests to assess the network’s readiness to transport hydrogen across the country, Managing Director Mansoor Al Abdali announced recently at an investor forum hosted by the Muscat Stock Exchange (MSX), […]
Author Archives: enterpriseam admin
Posted inSTARTUP WATCH
Qatar wealth fund leads EUR 250 mn investment round in French insect protein company
The Qatar Investment Authority (QIA) led a EUR 250 mn series D investment round for Paris-based biotech company Innovafeed, the sovereign wealth fund announced on Tuesday. Innovafeed houses the world’s largest vertical insect farm in France to produce insect-based protein. Who else was involved? The round was co-led by several investors: Future French Champions, a […]
Posted inUncategorized
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Posted inTHE GREENTECH CORNER
Speaking of alternative proteins...
Could alternative proteins be the building blocks for a greener MENA? Alternativeproteins — meat, egg, or dairy replacement products that are plant-based, cultivated, or fermentation-derived — are seeing rapid global market growth as a substitute for traditional protein sources. They could constitute 7.7% of the global protein market by 2030 — rising to USD 162 […]
Posted inALSO ON OUR RADAR
Can climate-conscious PPPs speed us to net zero?
FOOD FOR THOUGHT- Climate-conscious PPPs are the fastest route to net zero, the senior vice president of Mashreq Bank’s energy unit told Zawya in an interview. Climate-smart PPPs will have to be open to adapting in order to strike a balance between energy security, geopolitics and climate change. Badar Chaudhry noted that boosting private investor […]
Posted inON YOUR WAY OUT
Climate change is coming for our coffee
Climate change is casting a long shadow over Africa’s coffee industry, reports African Business. Rising temperatures coupled with pests and disease are threatening the coffee industry, burdening smallholder coffee farmers with so-called yield shocks that affect their harvest. With floods and droughts haphazardly spreading across the world, these farmers have limited access to finance to […]
Posted inCALENDAR
SEPTEMBER 25 September-13 October (Sunday-Thursday): Carbon Management Laboratory, Oman Convention and Exhibition Center (OCEC), Muscat, Oman. 25-28 September (Sunday-Wednesday): World Cement Association’s Global Conference, Emirates Towers, Dubai, UAE. 26 September (Monday): “Financing Nature: Pro-Environmental Behavioral Change”, Gerhart Center Webinar Series, online. 27-28 September (Tuesday-Wednesday): Egypt-Spain Multilateral Partnership Forum, Sofitel Gezirah Hotel, Cairo, Egypt. 27-29 September […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: France and UAE tighten nuclear ties + Lebanon’s natural transition to solar energy
Good morning, friends, from the UAE, where we have a packed issue for you. THE BIG CLIMATE STORY- Top UAE and Saudi officials appear to be arguing that full divestment of fossil fuels is impractical. Over a series of interviews and forums yesterday, Aramco chief Amin Nasser and the UAE energy ministry assistant undersecretary Yousef […]
Posted inUncategorized
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Posted inENERGY
Don’t stop investing in hydrocarbons, say the UAE and KSA
The UAE and KSA aren’t ready to do a 180 on fossil fuels just yet: Senior officials from the UAE and Saudi Arabia took to the press yesterday to argue for continued fossil fuel investment, saying that current renewables capacity can’t meet energy demand. Global energy transition goals — which include rapid divestment from fossil […]