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Infrastructure 
District cooling is becoming an important part of urban planning as Egypt eyes savings and sustainability gains
Centralized cooling technologies first entered the local market with the Smart Village project in the early 2000s
China’s Fountain Set eyes USD 100 mn textile project
PLUS- Abou Ghaly Motors wants to localize the manufacture of motorcycles
Maridive Offshore Projects lands USD 10.2 mn Qatari contract
PLUS- Beltone Holding mulls acquiring a UAE-based company owned by a Chimera Investment sister company
Scatec brings Norfund and EDF as equity partners in Obelisk
EDF will take a 20% stake in the project SPV, leaving Scatec and Norfund with total economic interests of 60%…
Norfund, EDF take stakes in Scatec’s 1.1 GW Obelisk solar project
Good afternoon, friends. Winter has brought with it cold news cycles — we’re experiencing another calm week in the press,…
Foreign reserves increase to USD 50.2 bn in November
PLUS- El Garhy Investment and Development Group upped its stake in EGX-listed Arab Developers Holding
Honeywell backs USD 530 mn sustainable aviation fuel project
PLUS- Pico Petroleum and the Egyptian General Petroleum Company will invest USD 30 mn to drill four new wells in…
Siemens Energy names Hussein Shoukry as MD for Middle East + Africa
Shoukry will be based in the UAE and oversee operations across 29 offices and over 4k employees
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