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Countries commit USD 420 mn to loss and damage fund on opening day of COP28
Five countries and the EU committed funds
Naguib plans to invest over USD 120 mn to turn motorcycles and tuk-tuks into EVs
The project will be carried out by the e-mobility startup BluEV, which is chaired by Sawiris
We’re in for more support from the AfDB. PLUS: News from EEHC, Techno Frame, Agriculture Ministry
DEVELOPMENT FINANCE- A new support package from the AfDB: The African Development Bank (AfDB) has signed off on a USD…
The countdown to COP28 begins
Good morning, friends. Two foreign stories in which Egypt is deeply involved will nudge business news off center stage this…
Benya and Khazna to break ground on 25 MW data center in 1Q 2024. Plus: Osilan, Protech, Beltone, Capgemini, and more
The project cost comes in at a total of USD 250 mn
What the IEA says the global electricity grid needs — and where Egypt’s grid stands
Global electricity grids need to double in size by 2040 in order to meet climate targets
Oysters can help protect coasts from storms + Pig-to-primate kidney transfer brings us closer to an alternative for human transplants
If the pig-primate kidney transplants continue to succeed then there will be hope for candidates waiting for a viable donor
Japanese firms talk renewables, green fuel investments with SCZone. PLUS: GAFI’s plans for silver licenses + SFE interest in EgyCOP
The Japanese delegation was joined by local and international energy companies operating in the country
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