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Scatec, SCZone ink USD 1.1 bn green methanol agreement
Egypt has been shut out of Western capital markets, forcing it to turn to to more unconventional sources of finance
Scatec to set up Egypt’s first hybrid solar + battery plant
The project will be financed by the African Development Bank
Egypt to resume LNG exports in January
Plans to export some 1 bn cubic feet per day of gas starting January
DP World’s Sokhna logistics park is coming. PLUS: Another industrial zone in the making and more green financing
DP World has broken ground at its USD 80 mn DP World-Sokhna Logistic Park
Qalaa’s Egyptian Refining Company earmarks USD 150 mn to boost production
ERC is expected to log USD 3 bn in revenues this year
Bids roll in for the FRA’s credit rating license. PLUS: Arab agri investment, Megamind, and Gulf nations
Three consortiums have submitted bids for the FRA’s credit rating license
National Green Hydrogen Council approves green hydrogen strategy
Egypt wants to produce 5-8% of global hydrogen by 2040 under the strategy
Egyptian gas could be returning to the global market
Egypt has exported hardly any gas since the summer due to soaring local demand, declining production, and disruption caused by…
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