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Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
THIS EVENING: China Energy, United Energy sign USD 14.75 bn SCZone investment agreements
Good afternoon, friends, and happy hump day. It’s looking like a brisk Tuesday here at home so far, bringing us…
Egypt and Jordan mull new subsea electricity link
Constructions work to expand the Egypt-Jordan power link to start 1Q 2024
EBRD could greenlight funds for electricity grid modernization
The total project would require EUR 200 mn, with the remaining EUR 35 mn coming from EU grants
ADES shares soar 30% in market debut, bucking regional market trends
The USD 1.2 bn IPO saw 30% of the company sold to investors
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Israel plans Gaza ground invasion, walks back calls for Gazans to flee into Egypt
More than 900 Palestinians have been killed and 4.6k wounded as Israel bombs Gaza
Maersk signs framework agreement to acquire half of Zafarana wind farm
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
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