International News Japan’s Idemitsu increases stakes in Vecco Group Nada Ali Dec 18, 2024 0 Japan's Idemitsu Kosan announced on Wednesday that it will raise its ownership in Vecco Group to 50.1 per cent from…
Mining Global coal demand to plateau in coming years – IEA Aya Anwar Dec 18, 2024 0 Global coal demand is expected to plateau in the coming years after reaching a record high in 2024, driven by the…
Energy Egypt inaugurates 500-mw solar power plant in Kom Ombo Nada Ali Dec 15, 2024 0 Egypt’s Prime Minister Moustafa Madbouly inaugurated the 500-megawatt Abydos 1 Solar Power Plant in Kom Ombo.
Energy BP, Japan’s Jera to merge offshore wind operations by ’30 Aya El Sayed Dec 9, 2024 0 BP Plc and Japan’s Jera Co. announced plans to merge their offshore wind operations into a joint venture named JERA…
International News ADB Approves $22.58M for Kyrgyz Republic Nada Ali Dec 2, 2024 0 The Asian Development Bank (ADB) announced on Monday that it had approved a $22.58 million small expenditure…
Featured Thailand secures $820m loan for renewable energy projects Aya El Sayed Nov 28, 2024 0 The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited, a subsidiary of Gulf Energy Development…
Energy Italy secures €500m loan from EIB, Enel Aya El Sayed Nov 28, 2024 0 The European Investment Bank (EIB) and Enel Group’s E-Distribuzione have signed the first €250 million tranche of a…
Featured German Cabinet approves measures to promote startups Aya El Sayed Nov 27, 2024 0 The German Cabinet approved the Second Financing for the Future Act on Wednesday, aiming to promote startups and…
Initiatives AAIB issues Egypt’s 1st sustainability bond with IFC, EBRD support Aya El Sayed Nov 25, 2024 0 Egypt has launched its first sustainability bond, issued by the Arab African International Bank (AAIB) and raising…
Featured EIB allocates €430m loan to boost Europe’s green transition Aya El Sayed Nov 24, 2024 0 The European Investment Bank (EIB) is providing a €430 million loan to SKF, a Sweden-based global leader in…