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Cemex inks agreement to take on its second waste-to-energy project. PLUS: Ezdehar, NeoPay, Cairo Metro
Cemex took steps to establish its first waste conversion facility in Gharbia Governorate back in May
Could hydroponic farming be the solution to feeding Egypt amid rising temperatures?
Hydroponic farming is a method of growing crops using a water-based nutrient solution instead of soil
AD Ports to receive two Ain Sokhna marine terminals by 1Q 2025. PLUS: Mobica, MID Takseet + Basata, State Lawsuits Authority, Talaat Moustafa Group, Greentech
A high-level committee is reportedly close to finalizing the final terms of the contract
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
ACWA Power, Hassan Allam plan to secure close to USD 900 mn for their mega Gulf of Suez wind farm by year end
The consortium signed a 25-year land usufruct agreement for the wind farm in January
Wall Street's biggest banks are lagging in their response to climate risks
80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses
The lowdown on the startups graduating this year’s Climate Finance Accelerator
The accelerator is a GBP 12.6 mn technical assistance program funded by the British government
Mohammed bin Salman tells PIF to pump USD 5 bn in investments into Egypt in “first phase”
Details on the kinds of investments to be targeted remained sparse
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