The European chemicals sector is bracing for a period of significant change, caught between the headwinds of …
new and renewable energy
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FeatureInternational NewsNews
US becomes Japan’s investment destination instead of China
by Nada Aliby Nada AliJapanese companies are increasing investments in the US to tap into robust consumer spending, shifting focus from …
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Africa NewsEgypt NewsFeatureNewsTech/AI
Infinity Power targets 10 GW of renewable energy by 2030
by Nada Aliby Nada AliAfrica’s largest pureplay renewable energy company, Infinity Power, is targeting 10 Gigawatt (GW) of operational renewable energy …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Renewable energy saves $520 billion globally in 2022 – report
by Nada Aliby Nada AliThe renewable power deployed globally around $520 billion in fuel costs last year, owing to the rapid …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Orascom Construction, Engie, Toyota Tsusho granted land for 3 GW wind project in Egypt
A consortium, which includes Orascom Construction PLC, ENGIE, and Toyota Tsusho, has signed on Wednesday a memorandum …
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Polish energy company Orlen signed an agreement on Monday to develop nuclear power reactors in Poland to …
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Egypt NewsFeatureMoneyNewsTech/AI
Egypt to deliver 9.5 GW renewable energy to Europe through undersea cable
by Nada Aliby Nada AliEgypt will transport electricity to help Europe impending the energy crisis amid Russia’s war with Ukraine through …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Sisi: Egypt determined to transition to low-carbon economy
by Yomna Yasserby Yomna YasserEgyptian President Abdel Fattah al-Sisi said on Monday that his country is aiming to achieve the transition …
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Banks
China-led AIIB bank to discuss Egypt loan request in Sept: minister
by Yomna Yasserby Yomna YasserThe China-initiated Asian Infrastructure Investment Bank (AIIB) will start discussing in September an Egyptian request to have …
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Banks
United Bank of Egypt studies pumping $112.6 mln into syndicated loans
by Yomna Yasserby Yomna YasserEgypt’s state-run United Bank is studying contributions worth around 1 billion Egyptian pounds ($112.6 million) to upcoming …