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The 650 MW wind farm is set to reduce carbon emissions by 1.3 mn tons annually
Author Archives: enterpriseam admin
Posted inEnergy
Acwa reaches financial close on USD 1.2 bn Gulf of Suez project
The funding includes a USD 275 mn loan from EBRD
Posted inStartup watch
Egypt leads startup activity in Africa in 2024
Egyptian startups raised a combined USD 329 mn across 78 funding rounds during the year
Posted inLAST NIGHT’S TALK SHOWS
Proposed shakeups to the education system continued to receive coverage on the airwaves
Lamess El Hadidi had a lot to say about the new Egyptian baccalaureate system last night, with the host choosing to dedicate her show to discussing the Education Ministry’s newly unveiled alternative to the Thanaweyya Amma. “The new system is based on the ministry's previous studies and international systems, targeting two major problems — rigid […]
Posted inAlso on our Radar
Shalateen Mineral Resources Company eyes role as gold producer in 2025. PLUS: Plaza Premium Group + Egypt Aviation Services + Cairo Airport Company, Orascom Construction, International Monetary Fund
The company will reportedly kick off exploration operations at its Eastern Desert concessions this year
Posted inPLANET FINANCE
Global fixed-income issuances hit a new bar of USD 10.7 tn in 2024
The Mena region’s bond issuances reached a three-year high level due to a surge in corporate issuances.
Posted inDiplomacy
Egyptian, Greek, and Cypriot chambers of commerce to launch the Egypt-Greece-Cyprus Business Council
International Development Minister Rania Al Mashat singled out electricity and renewable energy as key fields for partnership for the three countries
Posted inCALENDAR
JANUARY 15 January (Wednesday): Launch of Egypt’s first joint-stock ship waste management company in Port Said. 20-24 January (Monday-Friday): World Economic Forum Annual Meeting 28 January (Tuesday): Nigeria to inaugurate the USD 5 bn Africa Energy Bank in Abuja 28-29 January (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. Early January 2025: Health Ministry […]
Posted inWHAT WE’RE TRACKING TONIGHT
UAE’s Nas Investment Holding wants a bigger piece of EgyFert
Good afternoon, friends, and welcome to a new work week. The weather is off to a cool start this Sunday, as is the news cycle. THE BIG STORY TODAY UAE’s Nas Investment Holding wants a bigger piece of EgyFert: UAE-based Nas Investment Holding intends to submit a mandatory tender offer for an additional 57.5% stake […]