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Fertiglobe awarded EUR 397 mn bid to supply Europe with green ammonia
The offtake agreement will see Fertiglobe supply the bloc with 19.5k tons of green ammonia annually starting 2027
Emirati-Egyptian partnership to launch USD 500 mn Nile-side development. PLUS: Talaat Moustafa Group, ACWA Power + AMEA Power, Elsewedy, Admaius, Concrete, Puma
The project will see the construction of three mixed-use towers and a five-star hotel
Education platform EPP wants to set up two schools in Alexandria and Soma Bay by 2025
EPP is planning to enter up to three regional markets soon.
Egypt's current account deficit widens 225% y-o-y in 9M FY 2023-24
Strong FDI inflows and a shift to portfolio investment inflows help boost overall BoP surplus
Infinity Power eye USD 10.5 bn in renewables, EV infrastructure investments over the next five years. PLUS: British International Investment, Ezdehar, Azimut, Flynas
USD 10 bn will go towards renewables investments, while the remaining USD 500 mn will develop Infinity’s EV charging infrastructure…
Signify, Gila Electric plan to set up projects worth over USD 100 mn
The projects include a joint venture for the manufacture of lighting products, a factory for electrical panels, a solar power…
Al Ahly CIRA to set up four new international university models
The universities will be established alongside global educational institutions from Canada, Switzerland, Germany, and the US
GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF
Saudi Arabia’s PIF led investment activity globally
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