{"id":643874,"date":"2024-09-17T00:00:00","date_gmt":"2024-09-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/17\/govt-to-scrap-beni-suef-power-plant-sale\/"},"modified":"2024-09-17T00:00:00","modified_gmt":"2024-09-17T00:00:00","slug":"govt-to-scrap-beni-suef-power-plant-sale","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/17\/govt-to-scrap-beni-suef-power-plant-sale\/","title":{"rendered":"Gov\u2019t to scrap Beni Suef power plant sale?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, folks.<\/strong> We\u2019ve got another packed issue for you today, full of FDI, renewables, M&A, real estate, and tax news. But before we get started you ought to know that we\u2019re exactly a week away from this year\u2019s EnterpriseAM Finance Forum, taking place on Tuesday, 24 September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Headlining the EnterpriseAM Finance Forum: <\/strong>We\u2019ll be joined for the first time on stage by a senior government official, who\u2019s joining us to outline a vision for where we\u2019re going as a community and as an economy. The keynote interview will get underway at 9am sharp, and you won\u2019t want to miss our exclusive networking breakfast from 8am.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Among the topics on the agenda<\/strong>, which <a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/#agenda\" style=\"\" rel=\"noopener\">you can view here<\/a>:<\/p>\n<ul>\n<li><strong>Welcome to the hot seat<\/strong> \u2014 top industry CEOs set the tone by addressing the biggest (and toughest) questions of the day. <\/li>\n<li><strong>Looking from the outside in<\/strong> \u2014 what foreign investors and strategics think about Egypt right now.<\/li>\n<li><strong>The only asset class in town \u2014<\/strong> It\u2019s real estate or nothing. We\u2019ll get into the ins and outs of the industry, how it\u2019s financing itself, which areas (and price points) are next, and more. <\/li>\n<li><strong>Gazing into that crystal ball <\/strong>\u2014 The outlook for dealflow in 2025, from M&A and IPOs to securitization, FX and more. <\/li>\n<li><strong>A once in a generation opportunity? <\/strong>\u2014 A deep dive into the promise and pitfalls of the emerging energy economy.<\/li>\n<li><strong>Do we really love banking SMEs? <\/strong>\u2014 With NBFIs and fintech players staking their claims, banks are starting to take the SME market seriously.<\/li>\n<li><strong>The NBFI panel<\/strong> \u2014 The resilience of the Egyptian consumer is the business story of the decade. How are banks and NBFS players building sustainable businesses? What are the opportunities \u2014 and credit worries \u2014 in the B2B space?<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Haven\u2019t requested an invitation yet? Do it today \u2014 space is limited. <\/strong><strong><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">Tap or click here<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">to<\/a><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">let us know you\u2019re interested<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** IMPORTANT NOTE \u2014 If you\u2019ve already received your invitation on email, you *must* <\/strong><strong>click through to confirm you\u2019re attending. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1078.jpg?ssl=1\"\/><\/a> <\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>It\u2019s much the same in Cairo today, with a high of 33\u00b0C and a low of 25\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s almost just as warm in Alexandria<\/strong>, with a high of 32\u00b0C and a low of 23\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we now cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a>  <strong>#1- Gov\u2019t reconsiders Beni Suef power plant sale:<\/strong> The Madbouly government is reconsidering its decision to sell the Siemens-built Beni Suef power plant, unnamed government sources told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/09\/16\/%D9%85%D8%B5%D8%A7%D8%AF%D8%B1-%D9%85%D8%B5%D8%B1-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D8%B9%D8%AF%D9%88%D9%84-%D8%B9%D9%86-%D8%A8%D9%8A%D8%B9-%D9%85%D8%AD%D8%B7%D8%A9-%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A8%D9%86%D9%8A-%D8%B3%D9%88%D9%8A%D9%81-\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The why: <\/strong>Negotiations with potential investors reportedly stalled after the state suggested that the buyer be responsible for securing the necessary gas supplies to power the plant. The German lenders involved in financing the plant are yet to approve the acquisition plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cfdc99d8-291f-4b7c-8af8-8e1cccc74de5\/egypt-to-sell-70%2525-stake-in-siemens-built-power-plant.-plus:-updates-on-zafarana,-helwan-fertilizers-sales.\" style=\"\" rel=\"noopener\">has been looking to sell<\/a> a c. 70% stake in the 4.8-GW combined-cycle power plant for around USD 2 bn. The plant has been officially slated for privatization <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a94808c5-7a0c-4027-a786-804f2dc35954\" style=\"\" rel=\"noopener\">since<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a94808c5-7a0c-4027-a786-804f2dc35954\" style=\"\" rel=\"noopener\">February<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a94808c5-7a0c-4027-a786-804f2dc35954\" style=\"\" rel=\"noopener\">2023<\/a> and private equity outfit Actis and Malaysian power company Edra were reportedly vying to pick up the stake. <\/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\"><a id=\"wwtt3\"><\/a>  <strong>#2- ACWA Power is looking to invest USD 1.5 bn in new project: <\/strong>Saudi energy player ACWA Power is considering investing USD 1.5 bn in a new project in Egypt, the company\u2019s vice chairman, Raad Al Saady, said during a meeting with Investment Minister Hassan El Khatib, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/7527o7pw9G3y3tPQ\/\" style=\"\" rel=\"noopener\">readout<\/a>. No further details were disclosed about what type of project the company \u2014 which is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6c91a33c-e8f3-4481-872d-9f2335c2deaa\/%253cmark%253eacwa-power%253c%2Fmark%253e-to-complete-first-phase-of-its-sczone-green-hydrogen-project-in-4q-2028\" style=\"\" rel=\"noopener\">currently developing<\/a> a number of large-scale renewables projects, including a green hydrogen megaproject in the Suez Canal Economic Zone \u2014 would be undertaking.<\/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>#3- Private players to help fund state-owned fertilizer producers\u2019 projects? <\/strong>The Madbouly government has plans to onboard private players to help state-owned fertilizer producers \u2014 Egyptian Chemical Industries (Kima), Delta Fertilizers, and El Nasr for Fertilizers & Chemical Industries (Semadco) \u2014 fund their projects by 1Q 2025, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/09\/15\/1825945\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing sources it says have knowledge of the matter. In exchange for providing FX to fill financing gaps, the private sector companies will receive a share of the projects under development.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#1- US Secretary of State Antony Blinken is in Cairo today <\/strong>to co-chair the US-Egypt Strategic Dialogue \u2014 set to run from 17-19 September \u2014 alongside Foreign Minister Badr Abdelatty, according to a US State Department <a target=\"_blank\" href=\"https:\/\/www.state.gov\/secretary-blinkens-travel-to-egypt\/\" style=\"\" rel=\"noopener\">press statement<\/a>. Blinken is also set to meet with state officials to discuss ongoing negotiations for a ceasefire in Gaza.<\/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>#2- <\/strong><strong>Pitching Egypt to French investors: <\/strong>One day after the <a target=\"_blank\" href=\"https:\/\/www.the-ta.com\/upcoming-events\/egypt-uk-investment-forum-16th-sept-in-london-uk\/\" style=\"\" rel=\"noopener\">Egypt-UK Investment and<\/a><a target=\"_blank\" href=\"https:\/\/www.the-ta.com\/upcoming-events\/egypt-uk-investment-forum-16th-sept-in-london-uk\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.the-ta.com\/upcoming-events\/egypt-uk-investment-forum-16th-sept-in-london-uk\/\" style=\"\" rel=\"noopener\">Opportunities Forum<\/a> took place in London, hosted by our friends at HSBC, together with <a target=\"_blank\" href=\"https:\/\/www.ukexportfinance.gov.uk\/\" style=\"\" rel=\"noopener\">UK Export Finance<\/a> and <a target=\"_blank\" href=\"https:\/\/www.theebcc.com\/\" style=\"\" rel=\"noopener\">Egyptian-British Chamber of Commerce<\/a>, Deputy CEO & Head of Global Banking Egypt at HSBC Helmy Ghazi is in France \u201cto update French corporates of the improving economic situation and discuss potential investment opportunities in Egypt.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What went down during the forum in London? <\/strong>The conference showcased investment opportunities in Egypt across different sectors \u2014 including renewable energy, water, automotive, food processing, IT, and AI \u2014 to potential investors from the UK. It also helped connect institutions of both countries, bringing together government representatives, business leaders, and senior executives.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>Egypt\u2019s wheat imports increased 30% y-o-y in 1H 2024 to <\/strong><strong>USD 2.3 bn<\/strong>, according to data from state statistics agency Capmas. During the same period, the nation\u2019s total imports increased 2.7% to USD 41.8 bn.<\/p>\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\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1<\/strong><strong>- ITIDA\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/secc.org.eg\/English\/Pages\/DevOpsDays-Cairo.aspx\" style=\"\" rel=\"noopener\">DevOpsDays<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/secc.org.eg\/English\/Pages\/DevOpsDays-Cairo.aspx\" style=\"\" rel=\"noopener\">Cairo 2024 conference<\/a><\/strong><strong> is set to take place on 25 September<\/strong> at the Nile Ritz-Carlton. The conference is set to delve into the latest trends and innovations in DevOps featuring a lineup of \u201cworld-class speakers from renowned organizations.\u201d <strong>Check out the full list of speakers and register to attend <\/strong><strong><a target=\"_blank\" href=\"https:\/\/secc.org.eg\/English\/MediaCenter\/Events\/Pages\/DevOpsDays-Cairo-2024.aspx\" style=\"\" rel=\"noopener\">here<\/a><\/strong>. <\/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>#2- Dive into all things EVs <\/strong>in the inaugural edition of the EVs Electricity Egypt Expo and Conference. The conference will showcase the latest innovations in EV technology and will bring together local and global industry leaders and 300 exhibitors, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1224.pdf\" style=\"\" rel=\"noopener\">press release (<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1224.pdf\" style=\"\" rel=\"noopener\">pdf<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1224.pdf\" style=\"\" rel=\"noopener\">)<\/a>. The Egypt International Exhibition Centre will host the event from 10-12 October. You can register to attend <a target=\"_blank\" href=\"https:\/\/evs-electrify.egyreg.com\/\" style=\"\" rel=\"noopener\">here<\/a> or showcase your EV product by booking a booth <a target=\"_blank\" href=\"https:\/\/evs-electrify-booking.egyreg.com\/\" style=\"\" rel=\"noopener\">here<\/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>#3- Calling all local proptech startups: <\/strong>The region\u2019s first proptech acceleration program, PROPTEX is hosting the Egypt PropTech Challenge 2024, \u201cEgypt\u2019s first proptech competition, designed to showcase innovative solutions in the real estate sector,\u201d according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1225.pdf\" style=\"\" rel=\"noopener\">p<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1225.pdf\" style=\"\" rel=\"noopener\">ress rele<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1225.pdf\" style=\"\" rel=\"noopener\">ase (<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1225.pdf\" style=\"\" rel=\"noopener\">pdf<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/1225.pdf\" style=\"\" rel=\"noopener\">)<\/a>. Startups have until 20 September to <a target=\"_blank\" href=\"https:\/\/form.jotform.com\/241433579803561?utm_campaign=CSPX&utm_source=PRL\" style=\"\" rel=\"noopener\">apply<\/a> and the winning startups will be announced on 25 September following a demo day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Away from the wall-to-wall coverage trying to figure out who the man accused of trying to<\/strong><strong> assassinate Trump is and what drove him<\/strong>, the business papers and corners of the int\u2019l press are gearing up for the US Federal Reserve\u2019s two-day policy meeting, set to begin today.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Naturally, all eyes are on Wall Street in the run up to the Fed\u2019s decision<\/strong>, with the S&P 500 <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/us\/futures-kick-off-fed-meeting-week-cautious-note-2024-09-16\/\" style=\"\" rel=\"noopener\">closing essentially flat<\/a> yesterday while the Nasdaq fell slightly. The S&P\u2019s tech index saw the steepest declines among the S&P\u2019s 11 major sectors yesterday, with some commentators chalking up the drop to investors\u2019 desire to generate quick returns selling high-value tech stocks ahead of the Fed\u2019s rate-cut decision.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Analysts <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e7f4f58e-eb0f-4294-97ad-2f65c289165a\/the-big-question-of-the-week:-how-far-will-the-fed-go%3F\" style=\"\" rel=\"noopener\">remain torn<\/a><\/strong><strong> between the arguments for a 25 bps cut and a more aggressive 50<\/strong><strong> bps cut <\/strong>amid persistent inflation and a cooling job market. Market expectations tilted toward a larger cut over the weekend, buoyed by signals from former Fed officials \u2014 meaning the central bank has the opportunity to take bold action without spooking investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHILE IN BIG ENERGY NEWS- BP is now <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/de1695e8-790d-4dec-b842-b312ca9508d2\" style=\"\" rel=\"noopener\">taking offers<\/a><\/strong><strong> for its USD 2 bn bp Wind Energy<\/strong>, its onshore wind business in the US, as the energy giant seeks to offload underperforming assets and focus on its upcoming solar project Lightsource bp.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND OVER IN AVIATION NEWS- Over 30k Boeing workers are on strike for the first time<\/strong><strong> since 2008 after rejecting the terms of the company\u2019s proposed contract,<\/strong> in a move that could cost the company over USD 100 mn in daily revenue, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/strike-could-cost-boeing-100-million-plus-daily-revenue-analysts-say-2024-09-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. A prolonged strike may also mean a credit rating downgrade, the \u201cbig three\u201d credit ratings agencies have warned, making accessing financing even more expensive for the already indebted airplane manufacturer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- Amazon has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/401e13fe-d065-4c07-9b51-e21fa38ad6e1\" style=\"\" rel=\"noopener\">informed its staff<\/a><\/strong><strong> that all employees will be expected to work from<\/strong><strong> the office five days a week beginning next year<\/strong> \u2014 one of the starkest reversals of pandemic-era remote work policies seen in the corporate world thus far. In an internal memo, CEO Andy Jassy justified the move by saying that \u201cWe\u2019ve observed that it\u2019s easier for our teammates to learn, model, practice, and strengthen our culture\u201d in a work environment more similar to the one that existed pre-Covid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/239.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> Enterprise\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We dive into the list of startups that graduated this year\u2019s Climate Finance Accelerator. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, folks. We\u2019ve got another packed issue for you today, full of FDI, renewables, M&#038;A, real estate, and tax news. But before we get started you ought to know that we\u2019re exactly a week away from this year\u2019s EnterpriseAM Finance Forum, taking place on Tuesday, 24 September. 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