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Gov’t awards 11 concessions for gas exploration in the western Mediterranean. PLUS: Shelf Drilling, Sabbour Consulting, Sky Developments
The concessions were awarded to BP, ExxonMobil, TotalEnergies, Chevron, and Shell.
Shift EV eyes larger 50k annual capacity factory. PLUS: GB Auto Jordan expansion, El Gouna solar power, oil and gas news, debt news, regulations news, NBE earnings
The home-grown startup is also considering setting up shop abroad, with an eye on Southern Europe and the GCC
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
Gov’t’s Pharos Energy bill rises to USD 37 mn. PLUS: Schneider solar projects, Tata Motors team up with MM Group, ValU + Bosta + PayTabs, Heliopolis Housing project, Nokia factory, new ADIB microfinance firm
The company intends to refrain from retrieving its USD-denominated receivables due to the exchange rate volatility.
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…
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
Where does Egypt lie in Africa’s green energy investment landscape?
A report by McKinsey & Company sheds light on opportunities for investment in Africa’s green transition
Infinity Power eyes 10 GW renewables portfolio by 2030
The company currently has 1.3 GW of operating assets in its portfolio
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