Search Results: power (374)

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, recently announced that the country expects to see investments of between USD 7 billion and USD 8 billion in the country’s energy sector in the current fiscal year.

In an effort to further renewable energy development SCzone, Egypt’s sovereign wealth fund, has signed a deal to implement the production of 300,000 tons of green ammonia.

The Kingdom of Morocco is aiming to increase its renewable energy output to 12 gigawatts by 2030, according to government sources. The announcement was made at the World Utilities Congress in Abu Dhabi.

Cashew aims to grow into the rapidly expanding ‘buy now, pay later’ (BNPL) sector, with Egypt as a top potential market.

Egyptian startups have raised over USD 150 million in the first four months of 2022. The majority of the funds have been raised through Series A rounds and e-commerce and fintech are leading the way along with logistics companies.

Saudi Arabia’s Cabinet has approved an agreement signed with the Egyptian government regarding investments to be made by the Kingdom’s Public Investments Fund (PIF) in Egypt.

Saudi’s Khwarizmi Ventures has taken part in a seed funding round for Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets.

The proposed rail link would potentially bolster trade and foster economic development.

Egypt’s FlapKap, a Egyptian fintech startup, has recently completed a USD 1.2 million fundraising round led by A15, a MENA venture capital firm known for backing early-stage startups across the region.

have each signed a separate non-binding memorandum of understanding (MoU) to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).