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Gov’t gears up to hike waste-to-energy tariffs
Incentives include increasing WtE tariff by more than 60%, golden licenses, and more
ExxonMobil discovers natural gas at its first ever offshore well in Egypt. PLUS:Alqahtani Holding + Tanmia Petroleum + Enppi + Petrojet, Alstom, CI Capital, Misr Beni Suef Cement
The size of the find has yet to be determined, but pre-drill estimates came in at around 3.5 tn cubic…
What does Egypt’s First Biennial Transparency Report tell us about the nation’s efforts to go green?
The report outlines the country’s progress, ambitious goals, and the strategies regarding efforts to tackle climate change
Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan
The government also recently inked agreements with Saudi Arabia, UAE, and Bahrain to cut the time down from a few…
Egypt has big solar ambitions — what’s hindering them?
Solar players cite “market-distorting power subsidies and restrictive regulations” as reason behind delayed rollouts
Acwa reaches financial close on USD 1.2 bn Gulf of Suez project
The funding includes a USD 275 mn loan from EBRD
Orascom Construction, Engie, Toyota Tsusho, and Eurus Energy kick off commercial operations at Ras Ghareb wind farm
The 650 MW wind farm is set to reduce carbon emissions by 1.3 mn tons annually
Medlog to begin infrastructure work on Tenth of Ramadan dry port project this month following final contract signing
Medlog first inked an agreement with the government to develop the new dry port in August 2023
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