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Fertiglobe, Sodic report 1Q earnings
Fertiglobe’s bottom line nearly doubled in 1Q 2026, with Egyptian operations the star of the show
Not exactly selling America…
Foreign holdings stood at USD 9.0 tn, just shy of March’s all-time high
Adnoc completes acquisition of OCI’s stake in Fertiglobe
The transaction increases Adnoc’s stake in Fertiglobe to 86.2%
Scatec secures German grant for the Egypt Green Hydrogen plant. PLUS: News from PayTab, CFI, Beltone
Germany’s PtX Development Fund granted Scatec EUR 30 mn for the plant
AMEA Power to invest USD 800 mn to develop Africa’s largest solar power plant and battery storage projects in Upper Egypt. PLUS: Scatec, two int’l consortia set the wheels in motion on renewables projects.
AMEA will develop a 1 GW solar power plant with 600 MWh battery storage system in Benban — expected to…
Kasrawy Group mulling new factory to assemble Jetour, Jac autos. PLUS: Basata + MadfoatCom, Dice + Twin Top, Saint-Gobain, Fertiglobe + Orascom Construction + Scatec, Siemens
The government is now working on allocating land for the firm to build its factory
Fertiglobe rubber stamps EUR 397 mn green ammonia offtake agreement with Germany’s H2Global. PLUS: Oil found, mystery Chinese auto company eyes Egypt, Japanese schools in the works, flight incentives
The move comes over a month after Fertiglobe was selected as the winning bidder in H2Global’s pilot auction
The fine print in Fertiglobe’s green ammonia offtake agreement with Germany. PLUS: News from IDA, ITIDA, Korra Group
The agreement hinges on finalizing the investment agreement between the partners of Egypt Green Hydrogen
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