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Fertiglobe, Dewa, and Emsteel’s net income drops in FY 2024
Fertiglobe’s revenues fell 28% y-o-y to record USD 466 mn
UAE’s NMDC to invest USD 500 mn in offshore wind venture
The company is betting on offshore wind as a major revenue stream
Africa Energy Summit sees more than USD 50 bn pledges for Mission 300
Stories on our radar this week from around the world
Green tech, nuclear, solar, and mining updates from UAE, KSA, and Egypt
Stories on our radar this week from around the region
Meridiam to co-develop Acwa and HAU Gulf of Suez wind farm
Construction is set to start this month, with commercial operations set to begin in 2Q 2027
UAE inks a EUR 1 bn grid interconnection agreement with Italy and Albania
The project aims to enhance existing 430 km power links connecting Italy with Montenegro and other Balkan states
Acwa reaches financial close on USD 1.2 bn Gulf of Suez project
PLUS: Egypt greenlights Gabal El Zeit expansion
Mongolia and Orano ink USD 1.47 bn uranium agreement
The project will begin its preparatory phase in 2024 and is expected to start production in 2028, with peak output…
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