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 ...
Suez SA Retaliates Veolia’s Takeover Bid, Announced Dividing $1.17 Billion Among Shareholders
#Suez SA has announced of sharing over 1 billion euros ($1.17 billion) with its stakeholders in ...
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 ...
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 ...
Red Sea Crisis Can Hammer the Global Economy
Houthis, an Iran-backed militia in the Red Sea, are continuously attacking one of the world’s busiest ...
Major Firms Halt Red Sea Shipping, Global Trade Faces Disruption
In a development with far-reaching economic implications, major shipping companies have made the unprecedented move of ...
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