Emirates’ Masdar Signs Deal To Develop Suez Canal Green Hydrogen Project in Egypt, Leads Consortium
The Emirates consortium heralded by Masdar had signed two Memorandums of Understanding (MoU) in April with ...
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Elsewedy Electric partners with ReNew Power to initiate the establishment of a green hydrogen powerplant in the Suez Canal Economic Zone with $8 billion investment
As per the agreement between Elsewedy Electric and ReNew Power, will be implemented in phases, starting ...
Energy Industry Struggles from Suez Canal Blockage by Container Ship
The Suez Canal, which connects markets from Europe to Asia, sends ripples through the energy industry ...
Egyptian Suez Canal Bank withdraws from MIDOR, sells stake at $30.6mn
Egypt’s Suez Canal Bank has come to a decision to sell its full stake in Middle East ...
Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects
This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens ...
Standard Chartered Report Cites Foreign Investments As Driver Of Egypt’s Economic Growth
Standard Chartered has estimated that at least 50% of the investment pledges made to Egypt from ...
IMF Commends Egypt’s Economic Progress But Advises A Wider Tax Base
Egypt was forced to seek assistance from the IMF last year after being plagued with high ...
Adnoc Gas Focuses on Europe and Asia for Spot LNG Sales
Adnoc Gas is increasing its LNG operations in anticipation of a market oversupply in the coming ...
Africa’s Debt Challenges: Implications for Global Stability
Nigeria, Africa's biggest economy and most crowded country has a poverty rate of 38.9% The US ...
IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth ...
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