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Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex
The project will process more than 500k cbm of seawater per day
Chinese consortium wants to build USD 300 mn ironworks in SCZone
A growing appetite in the SCZone green hydrogen projects
Energy China to ink framework agreement for green hydrogen plant by July
The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen
Egypt has new renewable energy targets + SCZone starts China roadshow
Plus: Europe electricity exports are a long way off
Scatec to partner on USD 450 mn green methanol plant. PLUS: infrastructure postponed, corn trading, Helpoo stake sale, Evonik
Scatec has become a key player in Egypt’s green energy industry
THIS MORNING: Another eight green hydrogen MoUs coming?
Egypt signed 9 framework agreements and 7 MoUs towards the end of 2022
Chinese steel player to invest USD 2 bn in SCZone factories. PLUS: Danone to invest here this year.
This is the latest in a string of Chinese investment in Egypt’s manufacturing and infrastructure sectors
Abu Dhabi Ports bids for state-owned port operators -Al Mal
Talks with the Qatar Investment Authority for the companies have stalled
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