{"id":608295,"date":"2023-10-17T00:00:00","date_gmt":"2023-10-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/17\/this-evening-china-energy-united-energy-sign-usd-14-75-bn-sczone-investment-agreements\/"},"modified":"2023-10-17T00:00:00","modified_gmt":"2023-10-17T00:00:00","slug":"this-evening-china-energy-united-energy-sign-usd-14-75-bn-sczone-investment-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/17\/this-evening-china-energy-united-energy-sign-usd-14-75-bn-sczone-investment-agreements\/","title":{"rendered":"THIS EVENING: China Energy, United Energy sign USD 14.75 bn SCZone investment agreements"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and happy hump day.<\/strong> It\u2019s looking like a brisk Tuesday here at home so far, bringing us a range of stories across the news cycle.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Chinese companies are investing USD 14.75 bn in SCZone projects:<\/strong> Chinese companies signed agreements to invest a total of USD 14.75 bn in energy projects in the Suez Canal Economic Zone (SCZone) during the Belt and Road Forum in Beijing today, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02XQ7Ag54DMyxXBQQEryLR73tpsdLbduAQhHPzYBt3YydbYakdHLgaWWk2DJHCrytyl\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. The agreements include a USD 6.75 bn agreement with China Energy to set up a new green fuel production project, as well as a USD 8 bn agreement with United Energy for a renewable energy-powered potassium chloride production facility, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Updates on the ongoing Israeli-Palestinian conflict continue to lead the conversation<\/strong><strong>in <\/strong><strong>the international press<\/strong>, with US President Joe Biden\u2019s expected visit to Tel Aviv tomorrow on the front pages of <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/diplomats-renew-calls-gaza-aid-iran-warns-israel-2023-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/03eef745-6821-4a3d-a428-231f1f90c252\" style=\"\" rel=\"noopener\">Financial Times<\/a>, and the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/israel-attacks-200-targets-in-gaza-ahead-of-biden-visit-cd6889d6\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Biden <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/85a0382e-a40d-40f4-af75-11a9a3605650\" style=\"\" rel=\"noopener\">is heading to Israel<\/a><\/strong><strong> +<\/strong><strong> Jordan as the IDF prepares an invasion of Gaza: <\/strong>President Abdel Fattah El Sisi will meet US President Joe Biden in Amman tomorrow as global leaders try to find a way to get aid into Gaza and prevent the conflict from spilling over into a regional war. The two leaders will be joined by Jordan\u2019s King Abdullah and Palestinian Authority President Mahmoud Abbas.<\/li>\n<li><strong>Egypt <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/24a3b396-64fe-4ac7-8fd7-c6da54bdcb5a\" style=\"\" rel=\"noopener\">closed its maiden panda bond issuance<\/a><\/strong><strong> in China yesterday <\/strong>with a CNY 3.5 bn (USD 478.7 mn) issuance.<\/li>\n<li><strong>The European Bank for Reconstruction and Development (EBRD) <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cded12b1-aa45-4946-b80c-fde4714abb48\" style=\"\" rel=\"noopener\">is considering lending USD 325 mn to four local banks<\/a><\/strong>for on-lending to local SMEs and green projects.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Expect the mercury to rise to a high of 30\u00b0C during the day and cool to 23\u00b0C in the evening, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and happy hump day. It\u2019s looking like a brisk Tuesday here at home so far, bringing us a range of stories across the news cycle. THE BIG STORY TODAY Chinese companies are investing USD 14.75 bn in SCZone projects: Chinese companies signed agreements to invest a total of USD 14.75 bn in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":608296,"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":[7213],"tags":[93,633,416,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-energy","tag-enterprisepm","tag-suez-canal-economic-zone","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"470bf5ba-d5a2-485c-bd70-91e19ee599f1","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2021\/8\/214.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[608293],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.5ad70bb2-3d35-474e-85aa-eece2391af13.mp3"},"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>THIS EVENING: China Energy, United Energy sign USD 14.75 bn SCZone investment agreements - 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\/2023\/10\/17\/this-evening-china-energy-united-energy-sign-usd-14-75-bn-sczone-investment-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: China Energy, United Energy sign USD 14.75 bn SCZone investment agreements\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy hump day. It\u2019s looking like a brisk Tuesday here at home so far, bringing us a range of stories across the news cycle. 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