{"id":548754,"date":"2022-08-21T04:00:46","date_gmt":"2022-08-21T04:00:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/toyota-wants-to-get-more-involved-in-egypts-low-carbon-energy-industries\/"},"modified":"2022-08-21T04:00:46","modified_gmt":"2022-08-21T04:00:46","slug":"toyota-wants-to-get-more-involved-in-egypts-low-carbon-energy-industries","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/toyota-wants-to-get-more-involved-in-egypts-low-carbon-energy-industries\/","title":{"rendered":"Toyota wants to get more involved in Egypt\u2019s low-carbon energy industries"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>SCZone, Toyota sign MoU on low-carbon projects: <\/strong>The Suez Canal Economic Zone (SCZone) and Japan\u2019s <a href=\"https:\/\/www.toyota-tsusho.com\/english\/\">Toyota Tsusho<\/a> signed an agreement to conduct feasibility studies for joint projects in low-carbon infrastructure, renewable energy, water, green and blue hydrogen, and blue and green ammonia, the SCZone <a href=\"https:\/\/tinyurl.com\/2p82a4wd\">said<\/a> Wednesday. Toyota last week <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ff5cab0d-d42b-4e3a-8b78-d76f3bae9d61\">presented to the Oil Ministry<\/a> the results of an initial six-month study into producing blue ammonia in Egypt.<\/p>\n<p><strong>The government is making a fresh round of overdue subsidies payments to <\/strong><strong>exporters: <\/strong>Cabinet has given its approval to pay a total EGP 10 bn out to exporters in a fifth phase of its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a07e57d5-42b9-4637-9eb3-da04e571f92e\">program<\/a> to repay overdue subsidies, according to a <a href=\"https:\/\/tinyurl.com\/ywcd7eae\">statement<\/a>. Exporters can now request to be included in the scheme, with payments to be made on 1 October and 1 December, Maait said in a separate <a href=\"https:\/\/tinyurl.com\/6x9393vy\">statement<\/a>.<\/p>\n<p><strong>Gov\u2019t defends Warraq redevelopment amid tensions:<\/strong> Housing Minister Assem Al Gazzar has denied that the government is forcibly evicting residents of Warraq Island after security forces and civilians clashed last week. In <a href=\"https:\/\/tinyurl.com\/yckwkhjd\">a statement<\/a> Thursday, the minister defended the government\u2019s plans to redevelop the island, claiming that land has only been purchased \u201cconsensually\u201d and that it has paid out EGP 6 bn in compensation to those evicted.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Cabinet<\/strong> approved a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/736a249b-4301-4930-99e9-74b669ef90a6\">EUR<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/736a249b-4301-4930-99e9-74b669ef90a6\">250 mn<\/a> loan from the <strong>European Bank for Reconstruction and Development (EBRD)<\/strong> to finance <strong>Cairo Metro Line 2 upgrades<\/strong>. (<a href=\"https:\/\/web.facebook.com\/EgyptianCabinet\/posts\/pfbid02R5UC1UujdxpPku1edeFBguY2KeXgxP3YoR9q4U44Gp6sG9VK79cwDkDmgaLuggk4l?_rdc=1&_rdr\">Statement<\/a>)<\/li>\n<li>Heliopolis Housing parent company <strong>Holding Company for Construction & Development <\/strong>has acquired 8.3% of<strong> Zahraa El Maadi Investment <\/strong>for EGP 199.1 mn. (<a href=\"https:\/\/ent.news\/2022\/8\/Zahraa-el-maady.pdf\">Disclosure, pdf<\/a>)<\/li>\n<li>A <strong>fire <\/strong>broke out yesterday on the roof of <strong>City Centre Alexandria<\/strong>, and was later brought under control. No serious injuries were reported. (<a href=\"https:\/\/twitter.com\/no_itsmyturn\/status\/1560998210859962368\">Twitter<\/a> | <a href=\"https:\/\/ent.news\/2022\/8\/MAF-Media-Statement-City-Centre-Alexandria-Fire-20.8.22-EN.pdf\">statement, pdf<\/a>)<\/li>\n<li><strong>Local Development Minister Hisham Amna<\/strong> was discharged from hospital on Wednesday after receiving treatment for minor injuries sustained in a road accident on the Wadi Natrun-Alamein the day before. (<a href=\"https:\/\/bit.ly\/3wdBAsG\">Youm7<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SCZone, Toyota sign MoU on low-carbon projects: The Suez Canal Economic Zone (SCZone) and Japan\u2019s Toyota Tsusho signed an agreement to conduct feasibility studies for joint projects in low-carbon infrastructure, renewable energy, water, green and blue hydrogen, and blue and green ammonia, the SCZone said Wednesday. Toyota last week presented to the Oil Ministry the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,2280,2281,72,254,2267,416,2263,2282],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548754","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-blue-ammonia","tag-city-centre-alexandria","tag-enterpriseam","tag-green-hydrogen","tag-hisham-amna","tag-suez-canal-economic-zone","tag-toyota-tsusho","tag-warraq","wpautop","entry"],"acf":{"mongo_id":"ba04bffd-50ad-4e42-8b96-db3a73019c1d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548736],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Toyota wants to get more involved in Egypt\u2019s low-carbon energy industries - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/toyota-wants-to-get-more-involved-in-egypts-low-carbon-energy-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toyota wants to get more involved in Egypt\u2019s low-carbon energy industries\" \/>\n<meta property=\"og:description\" content=\"SCZone, Toyota sign MoU on low-carbon projects: The Suez Canal Economic Zone (SCZone) and Japan\u2019s Toyota Tsusho signed an agreement to conduct feasibility studies for joint projects in low-carbon infrastructure, renewable energy, water, green and blue hydrogen, and blue and green ammonia, the SCZone said Wednesday. 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France\u2019s EDF Renewables and Egypt\u2019s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki\u2026","rel":"","context":"In &quot;Green economy&quot;","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/270.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612373,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/acwa-power-to-set-up-a-usd-4-bn-green-hydrogen-plant-in-sczone\/","url_meta":{"origin":548754,"position":2},"title":"Acwa Power to set up a USD 4 bn green hydrogen plant in SCZone","author":"enterpriseam admin","date":"21 December 2023","format":false,"excerpt":"The project first phase of the project will have a production capacity of 600k tonnes of green ammonia","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576991,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/06\/sczone-might-be-getting-an-investment-arm\/","url_meta":{"origin":548754,"position":3},"title":"SCZone might be getting an investment arm","author":"enterpriseam admin","date":"6 November 2022","format":false,"excerpt":"SCZone to get investment arm? The Suez Canal Economic Zone (SCZone) plans to establish an investment company to channel finance into projects being established in the zone, SCZone head Walid Gamal El Din said Saturday, without providing further information.This isn\u2019t the same thing as the Suez Canal Authority\u2019s new fund:\u2026","rel":"","context":"In &quot;Suez Canal&quot;","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546335,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/total-eren-enara-capital-to-build-green-ammonia-facility-in-sczone\/","url_meta":{"origin":548754,"position":4},"title":"Total Eren + Enara Capital to build green ammonia facility in SCZone","author":"enterpriseam admin","date":"12 May 2022","format":false,"excerpt":"Another green ammonia project: Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The facility will initially produce 300k tons of ammonia\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587248,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/energy-china-to-ink-framework-agreement-for-green-hydrogen-plant-by-july\/","url_meta":{"origin":548754,"position":5},"title":"Energy China to ink framework agreement for green hydrogen plant by July","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1326.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/548754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=548754"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/548754\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/548736"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=548754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=548754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=548754"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=548754"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=548754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}