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The project will be the biggest in the Horn of Africa
Author Archives: enterpriseam admin
Posted inENERGY
Masdar, Infinity, and EETC finalize agreement for Ras Ghareb wind farm
Another Masdar wind farm in Egypt’s Ras Ghareb is officially underway: State-run renewables giant Masdar, Egyptian renewables firm Infinity Power, and the Egyptian Electricity Transmission Company (EETC) signed a trilateral power purchase agreement to construct a 200 MW wind farm in Ras Ghareb, according to a joint statement (pdf) from Masdar and Infinity Power. The […]
Posted inLEGISLATION WATCH
Dubai Court recognizes crypto salary payments as valid
The UAE’s legal system is adapting to the new financial landscape
Posted inSTARTUP WATCH
Fintech Yuze secures USD 30 mn funding
The company will use the funds to accelerate its expansion plans
Posted inINVESTMENT WATCH
Abu Dhabi-based Tau Capital backs Sepio
Sepio has now raised a total of USD 48 mn
Posted inEARNINGS WATCH
DP World, Amanat, and others report 2Q earnings
Invictus, Julphar, and Salama also reported their earnings
Posted inUAE IN THE NEWS
Dubai’s place as a “wealth haven” amid regional tensions gets ink
Dubai has become a safe haven for wealthy individuals in the region amid rising tensions
Posted inALSO ON OUR RADAR
UAE gets its first low-orbit radar imaging satellite
Plus: DFM partners with China’s Shenzhen Stock Exchange
Posted inPLANET FINANCE
Investors lose access to key data as China stops sharing daily flows
China is expected to see its first annual outflow from its bourse since 2016
Posted inDIPLOMACY
UAE attends Brics’ launch of the center for industrial competences + more cooperation with Ethiopia?
Plus: UAE welcomed the Sudanese Armed Forces’ decision to open the Adre crossing