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The plant will produce 50k tons of green hydrogen and 250k tons of green ammonia a year by 2029
Author Archives: enterpriseam admin
Posted inM&A WATCH
B Investments granted more time to submit MTO for OFH. PLUS: Agthia ups stake in Abu Auf, Basata acquires Jordanian fintech stake
B Investments wants to submit an MTO for up to 90% of Orascom Financial Holding
Posted inFINANCIAL SERVICES
Redcon Properties inks EGP 925 mn syndicated factoring agreement
The agreement marks Egypt’s first joint factoring transaction
Posted inReal estate
SODIC ups funds allocated for 2024 projects 66% in anticipation of real estate sector boom following Ras El Hekma announcement
The real estate giant has allocated over EGP 10 bn for projects in 2024
Posted inCabinet watch
Cabinet approves EU + EIB financing, new golden license, green hydrogen consultant
The funds will help finance the Sustainable Green Industry project, which seeks to combat industrial pollution
Posted inEARNINGS WATCH
E-Finance, GB Corp report 2023 results
Subsidiary e-Finance Digital Operations contributed the lion’s share of the group’s revenues for the year, making up 90% of the total count
Posted inCapital markets
EFG Hermes tops EGX brokerage league table in February
EFG Hermes topped the EGX brokerage league table in February, with a marketshare of 14.2%, according to EGX figures (pdf). Thndr Securities came in second (8.4%), followed by CI Capital (7.3%), Mubasher Securities (5.6%), and Arabeya Online (4.2%). EFG had a monopoly over the top spot every month, but one last year.
Posted inMoves
Sinai Cement appoints Tamer Ragheb as chairman
Pietro Calà is taking over from Ragheb as the company’s managing director
Posted inLAST NIGHT’S TALK SHOWS
More Emirati investments coming for the North Coast?
Al Habtoor also confirmed that he intends to set up one to two schools in Cairo.