{"id":613266,"date":"2024-01-11T00:00:00","date_gmt":"2024-01-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/"},"modified":"2024-01-11T00:00:00","modified_gmt":"2024-01-11T00:00:00","slug":"this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/","title":{"rendered":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez."},"content":{"rendered":"

\u2026and we\u2019re back, ladies and gentlemen.<\/strong> We took a publication break yesterday \u2014 as we are sure you noticed \u2014 for a much-needed retreat ahead of the official launch of EnterpriseAM UAE next week.<\/strong><\/p>\n

If you haven\u2019t already: Sign up for the UAE edition <\/strong>here<\/a><\/strong>. <\/strong>Our report, produced in the UAE and in Cairo, is written for decision-makers in the UAE as well as executives, investors, and others doing business or deploying capital there. <\/p>\n

EnterpriseAM UAE is available to you without charge <\/strong>thanks to the generous support of our friends at Mashreq and is published by 7am UAE time Monday through Friday.<\/p>\n

** THAT\u2019S NOT ALL: EnterpriseAM Saudi Arabia is launching later this month. <\/strong>You can sign up here<\/a> to let us know you\u2019d like to be on the list on launch day. More details soon. <\/p>\n

<\/a> <\/p>\n

THE BIG STORIES SINCE YESTERDAY<\/strong><\/p>\n

#1-<\/strong>New credit card restrictions:<\/strong> Abu Dhabi Islamic Bank and CIB have announced new monthly credit card limits for international transactions. Abu Dhabi Islamic Bank clamped down on international monthly credit card purchases within Egypt to the equivalent of USD 50 \u2014 down from the equivalent of USD 250. CIB also took a double-whammy approach, reducing the international monthly purchase limit from within Egypt to the equivalent of EGP 2,000-7,750. Limits for monthly international spending are now determined by segment type, not by credit card class, CIB said. More details are on the banks\u2019 websites here<\/a> and here<\/a>. Until we dispatched no other banks had publicly announced new limits. <\/p>\n

#2- Headline inflation eased for the third consecutive month in Egyptian cities<\/strong> thanks to a favorable base effect. The consumer prices decelerated in urban areas to 33.7% y-o-y in December from 34.6% in <\/a>November<\/a>, according to data released yesterday by state statistics agency Capmas.<\/p>\n

#3- ACWA Power + Hassan Allam Utilities secure land for their USD 1.5 bn wind farm in <\/strong>Egypt: <\/strong>A consortium led by Saudi\u2019s Acwa Power and includes Egypt\u2019s Hassan Allam Utilities, signed a 25-year land usufruct agreement with the New and Renewable Energy Authority (NREA) for its 1.1 GW wind farm<\/a> in the Gulf of Suez, according to a statement (pdf)<\/a> released yesterday. The consortium is set to begin site studies for the USD 1.5 bn project, which is expected to begin commercial operations by the end of 2026.<\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

The US Securities and Exchange Commission approving the first spot BTC ETFs is <\/strong>still driving the international news this afternoon. <\/strong>The SEC approved 11 ETFs from various sponsors, including Fidelity and Invesco, and they are set to trade with special tax treatment. This step marks a big move in the cryptocurrency market and could pull in investors since the risks of unregulated exchanges will be mitigated. Trading could come into effect as early as today after a months-long buildup featuring legal battles and some drama, as hackers posted about the approval prematurely through the SEC\u2019s X account, causing a brief 1.5% spike in BTC's price. (Financial Times<\/a> | Bloomberg<\/a>)<\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

\u2600\ufe0f <\/strong>TOMORROW\u2019S<\/strong> WEATHER- <\/strong>Expect sunny skies tomorrow with a high of 19\u00b0C in the daytime before dropping down to 12\u00b0C in the evening, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"

\u2026and we\u2019re back, ladies and gentlemen. We took a publication break yesterday \u2014 as we are sure you noticed \u2014 for a much-needed retreat ahead of the official launch of EnterpriseAM UAE next week. If you haven\u2019t already: Sign up for the UAE edition here. Our report, produced in the UAE and in Cairo, is […]<\/p>\n","protected":false},"author":1,"featured_media":613267,"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":[1],"tags":[1042,104,633,8277],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-613266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-acwa-power","tag-economy","tag-enterprisepm","tag-hassan-allam-utilities","wpautop","entry"],"acf":{"mongo_id":"9b8607a2-3d13-4b8f-9198-3ebd952e009b","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/4\/87.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[613264],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.db7b96ae-bff8-44e9-801c-bcb181d3cfd0.mp3"},"yoast_head":"\nTHIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez. - 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\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez.\" \/>\n<meta property=\"og:description\" content=\"\u2026and we\u2019re back, ladies and gentlemen. We took a publication break yesterday \u2014 as we are sure you noticed \u2014 for a much-needed retreat ahead of the official launch of EnterpriseAM UAE next week. If you haven\u2019t already: Sign up for the UAE edition here. Our report, produced in the UAE and in Cairo, is […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez.\",\"datePublished\":\"2024-01-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\"},\"wordCount\":568,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ACWA Power\",\"economy\",\"EnterprisePM\",\"Hassan Allam Utilities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\",\"name\":\"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez. - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-01-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez. - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/","og_locale":"en_US","og_type":"article","og_title":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez.","og_description":"\u2026and we\u2019re back, ladies and gentlemen. We took a publication break yesterday \u2014 as we are sure you noticed \u2014 for a much-needed retreat ahead of the official launch of EnterpriseAM UAE next week. If you haven\u2019t already: Sign up for the UAE edition here. Our report, produced in the UAE and in Cairo, is […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-01-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez.","datePublished":"2024-01-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/"},"wordCount":568,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1","keywords":["ACWA Power","economy","EnterprisePM","Hassan Allam Utilities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/","name":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez. - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1","datePublished":"2024-01-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/11\/this-evening-new-card-restrictions-plus-acwa-power-hassan-allam-ink-25-year-land-usufruct-agreement-for-a-usd-1-5-bn-wind-farm-in-the-gulf-of-suez\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS EVENING: New card restrictions. PLUS: ACWA Power + Hassan Allam ink 25-year land usufruct agreement for a USD 1.5 bn wind farm in the Gulf of Suez."}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/87.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":656957,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/mnt-halan-enters-the-uae-market-with-halan-advance-launch-plus-hassan-allam-utilities-acwa-power-somabay-taqa-arabia-amea-power-monoprix-tmt\/","url_meta":{"origin":613266,"position":0},"title":"MNT-Halan enters the UAE market with Halan Advance launch. PLUS: Hassan Allam Utilities + ACWA Power, Somabay + Taqa Arabia, AMEA Power, Monoprix + TMT","author":"enterpriseam admin","date":"12 December 2024","format":false,"excerpt":"MNT-Halan has a target of building its customer base in the country to 250k by the end of next year","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599269,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/chinas-silk-road-fund-buys-into-egypt-renewable-energy-scene-through-acquisition-of-large-acwa-power-stake\/","url_meta":{"origin":613266,"position":1},"title":"China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"M&A WATCH- China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China\u2019s state-owned Silk Road Fundhas acquired a 49% stake in Saudi utility developer Acwa Power\u2019s renewable energy unit, Arabian Business reports. No details of the investment have been released. The renewable\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599956,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/15\/acwa-power-ceo-sees-renewable-growth-in-egypt-uae\/","url_meta":{"origin":613266,"position":2},"title":"ACWA Power CEO sees renewable growth in Egypt, UAE","author":"enterpriseam admin","date":"15 January 2019","format":false,"excerpt":"Egypt\u2019s renewable energy sector is set to grow in the coming years on the back of \u201cdramatic\u201d cost reductions, Paddy Padmanathan, president and CEO of ACWA Power, told Bloomberg TV (runtime: 4:20). \u201cI expect significant growth in the UAE, Egypt is another big market, and Morocco will continue to grow,\u201d\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/1391.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621225,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/acwa-hassan-allam-ink-ppa-for-usd-2-3-bn-power-plant\/","url_meta":{"origin":613266,"position":3},"title":"ACWA, Hassan Allam ink PPA for USD 2.3 bn power plant","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"INVESTMENT WATCH- ACWA, Hassan Allam sign PPA for USD 2.3 bn power plant: The Egyptian Electricity Transmission Company has signed a key power purchase agreement (PPA) with Saudi Arabia utility developer ACWA Power and Hassan Allam Holding for a 2.3 GW, USD 2.3 bn power plant, ACWA said in a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621709,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/","url_meta":{"origin":613266,"position":4},"title":"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"The Electricity Ministry, Saudi\u2019s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated from the USD 2.3 bn, 2.3 GW Luxor power plant at USD 0.018\/kwh, ministry officials tell \/Al Mal. The ministry will cover part of the cost of supplying the plant\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577087,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/egypt-has-just-lined-up-as-much-as-25-gw-worth-of-wind-projects\/","url_meta":{"origin":613266,"position":5},"title":"Egypt has just lined up as much as 25 GW worth of wind projects","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Egypt lined up commitments for up to another 15 GW of wind power yesterday, bringing to 25 GW the total new wind-power generation capacity it has locked in recent days. 25 GW: That\u2019s A LOT of power. It\u2019s almost half of the country\u2019s current installed capacity, which at the end\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/145.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\/613266","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=613266"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613266\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/613264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/613267"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=613266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=613266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=613266"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=613266"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=613266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}