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Bidding for the second half of the Zafarana wind farm to open in 2H 2024
Good morning, friends. In today’s issue, we’ve got news of the World Bank downgrading our growth forecast for the current…
EBRD reviewing USD 140 mn loan to finance Actis’ Gabal El Zeit acquisition
Good morning, folks. After an unusually busy Ramadan for local business and economy news, it seems the tempo is set…
Hassan Allam Utilities, EBRD, Meridiam to raise capital for renewable projects
The funds will support Egypt’s green transition and renewable energy projects
Cabinet greenlights regs for Building Reconciliation Act + much more
Justice Minister Omar Marwan had said that the regulations will be out no later than 22 February
Egypt could start producing sustainable aviation fuel in 2025
The gov’t plans to launch a platform for the procurement of waste cooking oil needed for SAF production
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Egypt ranks ninth for worst air quality in IQAir’s 2023 World Air Quality report
A government official called into question the validity of the report, given the lack of a standardized monitoring criteria
Saudi Arabia’s PIF solidifies position in US EV maker Lucid with additional USD 1 bn stake
A share of the proceeds will finance Lucid’s capex and working capital
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