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Scatec’s Nagaa Hammadi solar plant is going to be twice as big as we thought, cost USD 1.1 bn
The project is part of EgyptAlum’s plan to ramp up production, comply with global sustainability and manufacturing standards
Scatec to build 1-GW solar plant for EgyptAlum’s Nagaa Hammadi complex
The first 500-MW phase of the project will be completed within 18 months
THIS EVENING: Scatec to build 1-GW solar plant to power EgyptAlum’s Nagaa Hammadi complex
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle hasn’t let up yet as we are bracing…
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
Banque Misr becomes the latest bank to lower credit card FX limits. PLUS: Startup financing news, new Heliopolis Housing project, new fintech startup on the block, Egypt + Malta talk energy
The move follows similar movies by NBE, CIB, and ADIB over the last two weeks
Egypt x COP28: A rundown of climate change commitments, investments, and agreements signed during the conference
Egypt has forged a number of partnerships with companies and organizations from around the world to firm up its commitment…
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
THIS EVENING: Scatec, SCZone sign USD 1.1 bn green methanol agreement at COP28
Good afternoon friends, and welcome to a fresh week. Our news cycle is going strong, with more to keep an…
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