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EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Green hydrogen incentives get final approval from House
Egypt has set a target of providing 5-8% of the world’s hydrogen by 2040
Electricity Ministry hikes electricity prices by up to 26%
The government is trying to phase out electricity subsidies by 2025
THIS EVENING: House of Representatives greenlights green hydrogen incentives
Good afternoon, ladies and gentlemen, and a very happy new year to you. We are starting the first week of…
Chinese state-owned company eyes USD 10 bn solar project in Egypt. PLUS: Abu Dhabi Ports, cabinet news, CBE Treasury bills, KfW development finance, Giza Systems, ADQ x Pyramids FC
The solar project will have a capacity of 10 GW
House committee approves green hydrogen incentive package
The incentives include a series of tax breaks and non-tax benefits for companies implementing green hydrogen projects
Acwa Power to set up a USD 4 bn green hydrogen plant in SCZone
The project first phase of the project will have a production capacity of 600k tonnes of green ammonia
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
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