{"id":553646,"date":"2022-10-31T03:45:36","date_gmt":"2022-10-31T03:45:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/31\/more-news-from-the-ev-frontier-cosmic-village-is-back-in-the-headlines\/"},"modified":"2022-10-31T03:45:36","modified_gmt":"2022-10-31T03:45:36","slug":"more-news-from-the-ev-frontier-cosmic-village-is-back-in-the-headlines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/31\/more-news-from-the-ev-frontier-cosmic-village-is-back-in-the-headlines\/","title":{"rendered":"More news from the EV frontier + Cosmic Village is back in the headlines"},"content":{"rendered":"<p><strong>A unit of r<\/strong><strong>enewable energy player Infinity is reportedly interested in assembling EV charging stations here<\/strong>, <a href=\"https:\/\/bit.ly\/3FuRRPn\">Al Mal<\/a> reports, saying it is eyeing foreign tech for the project. Talks are at a very early exploratory stage, we\u2019re told.<\/p>\n<p><strong>MEANWHILE- The military\u2019s dual-fuel pickup truck JV with the Emirates\u2019 M Glory is still <\/strong><strong>on the runway.<\/strong> The Military Production Ministry <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02UxhcFVJUrg43zZWiRG2mJZsYgSqXem9djjRTYcSqy5LY4VhS1KVQbsWbvLeyUf53l\">said yesterday<\/a> that it had had talks with M Glory execs about tech transfer and other \u201cdevelopments of joint cooperation.\u201d The two sides had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/07b62cd4-0006-489c-90f2-244dacdfed31\">originally aimed<\/a> to have the facility up and running by 1H 2022.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>The Sovereign Fund of Egypt<\/strong> will in the coming weeks contract a real estate company to develop <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ca30703c-6da3-4725-a0f9-05593618a8ec\">Cosmic Village<\/a><\/strong> in Sixth of October. (<a href=\"https:\/\/bit.ly\/3sFCaNU%5C\">Al Mal<\/a>)<\/li>\n<li><strong>G<\/strong><strong>B Auto<\/strong> has appointed <strong>Alpha Capital<\/strong> to conduct an independent valuation of its stake in Netherlands-based subsidiary <strong>MNT Investments<\/strong> ahead of a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c95034ed-0327-4eef-8d94-7329f3f97e13\">partial sale<\/a> to <strong>Chimera Investments<\/strong>. The valuation is a routine part of the sale process, a company official told us. (<a href=\"https:\/\/ent.news\/2022\/10\/GB-Auto-30-October-2022.pdf\">Disclosure, pdf<\/a>)<\/li>\n<li>State buyer <strong>GASC<\/strong> has contracted to<strong> import 150k tons of sugar<\/strong>. (<a href=\"https:\/\/www.facebook.com\/msitgovegypt\/posts\/462320472662518\">Supply<\/a><a href=\"https:\/\/www.facebook.com\/msitgovegypt\/posts\/462320472662518\">Ministry statement<\/a>)<\/li>\n<li><strong>Amer Group\u2019s<\/strong> board of directors approved a plan to spin off some of the company\u2019s activities into a separate firm, dubbed <strong>A Capital Holding<\/strong>. (<a href=\"https:\/\/ent.news\/2022\/10\/Amer-Group-30-October-2022.pdf\">Disclosure, pdf<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A unit of renewable energy player Infinity is reportedly interested in assembling EV charging stations here, Al Mal reports, saying it is eyeing foreign tech for the project. Talks are at a very early exploratory stage, we\u2019re told. MEANWHILE- The military\u2019s dual-fuel pickup truck JV with the Emirates\u2019 M Glory is still on the runway. [&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":[111,832,317,2600,72,356,550,241,334,7128,370],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553646","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-amer-group","tag-commodities","tag-cosmic-village","tag-enterpriseam","tag-evs","tag-gasc","tag-gb-auto","tag-infinity","tag-ma-watch","tag-sovereign-fund-of-egypt","wpautop","entry"],"acf":{"mongo_id":"ad88c38e-2227-463d-8608-00ae3de584be","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553630],"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>More news from the EV frontier + Cosmic Village is back in the headlines - 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\/10\/31\/more-news-from-the-ev-frontier-cosmic-village-is-back-in-the-headlines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More news from the EV frontier + Cosmic Village is back in the headlines\" \/>\n<meta property=\"og:description\" content=\"A unit of renewable energy player Infinity is reportedly interested in assembling EV charging stations here, Al Mal reports, saying it is eyeing foreign tech for the project. 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The schools will be established by the SFE and Mobica and run by GEMS Egypt. No details were given about the costs involved in the\u2026","rel":"","context":"In &quot;Education&quot;","block_context":{"text":"Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561789,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/now-on-the-sfes-menu-water-treatment-the-cosmic-village\/","url_meta":{"origin":553646,"position":3},"title":"Now on the SFE\u2019s menu: Water treatment + the Cosmic Village","author":"enterpriseam admin","date":"21 April 2021","format":false,"excerpt":"Water treatment projects could be on the table for investors through the Sovereign Fund of Egypt (SFE), Planning Minister and fund chairperson Hala El Said tells Asharq. El Said did not provide further details on the projects, or what shape investments in them would take, saying the fund is currently\u2026","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555796,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/cira-elsewedy-joint-venture-teams-up-with-sfe-to-build-schools-in-cosmic-village\/","url_meta":{"origin":553646,"position":4},"title":"CIRA + Elsewedy joint venture teams up with SFE to build schools in Cosmic Village","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"Two new schools will be set up in the Sixth of October\u2019s Cosmic Village under a private-public partnership Cairo Egypt for Education (CEE, a joint venture of CIRA and Elsewedy Capital) and the Sovereign Fund of Egypt (SFE), CIRA (pdf) and the Planning Ministry said in statements over the weekend.\u2026","rel":"","context":"In &quot;Education&quot;","block_context":{"text":"Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/617.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562984,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sfe-gems-collaborate-on-sixth-of-october-schools\/","url_meta":{"origin":553646,"position":5},"title":"SFE, GEMS collaborate on Sixth of October schools","author":"enterpriseam admin","date":"14 June 2021","format":false,"excerpt":"The Sovereign Fund of Egypt (SFE) and GEMS Egypt will establish at least two schools in Sixth of October City\u2019s state-owned Cosmic Village, a source from GEMS told Enterprise on condition of anonymity. The schools will be open for admission starting September 2023, they added. Details on an expected cost\u2026","rel":"","context":"In &quot;Education&quot;","block_context":{"text":"Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/184.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\/553646","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=553646"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553646\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553630"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553646"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553646"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}