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Senate Discusses Potential Implementation of a Carbon Tax Law

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In Short : The Senate is currently engaged in discussions regarding the potential implementation of a carbon tax law. This initiative aims to address environmental concerns and mitigate the impact of carbon emissions on climate change. The proposed legislation would impose a tax on carbon emissions, encouraging businesses and industries to reduce their greenhouse gas […]

Step-by-step guide on building climate-resilient water systems in Egypt by BII

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In Short : BII, a leading environmental consultancy, has developed a comprehensive step-by-step guide for building climate-resilient water systems in Egypt. The guide emphasizes sustainable practices and cutting-edge technologies to ensure the availability of clean water in the face of climate change challenges. By integrating climate resilience into water infrastructure, Egypt can enhance its adaptive […]

Egypt: DAI Infrastruktur and Siemens Energy in MOU to Produce 2 Mtpa of Green Ammonia Bunker Fuel

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In Short : DAI Infrastruktur, a subsidiary of German engineering firm DAI, has signed a Memorandum of Understanding (MOU) with Siemens Energy to produce 2 million metric tons per annum (Mtpa) of green ammonia bunker fuel in Egypt. The collaboration aims to utilize renewable energy sources for the production of green ammonia, an eco-friendly alternative […]

Is The UK Giving Up On Solar Power?

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The Conservative government in the U.K. has been accused of backtracking on several of its climate pledges over the last few months and the solar energy industry is the latest to be affected. Prime Minister Rishi Sunak is following in his predecessor’s footsteps by imposing restrictions on new solar energy developments in the U.K., which […]

Egypt resolute in tackling climate change: Report

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Egypt has always been keen on raising climate change challenges at meetings, negotiations, and climate change conferences in line with its commitments Egypt is taking climate change seriously. The country has reaffirmed its commitment to reducing carbon emissions and has taken significant steps across different sectors to achieve this goal. Toward this end, the North […]

Egypt’s GREGY Interconnector to Boost European Energy Transition

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In a significant development with far-reaching implications for the energy sector, Egypt is set to revolutionize its own energy infrastructure while driving Europe towards a cleaner and greener future. The GREGY interconnector project, a groundbreaking initiative, aims to connect Egyptian solar facilities to the European energy market via Greece through a subsea electricity cable. This […]

EBRD mulls EUR 165m loan to support grid upgrade in Egypt

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Arab Finance:The European Bank of Reconstruction and Development (EBRD) is planning to provide the Egyptian Electricity Transmission Company (EETC) a sovereign loan of up to E165 million to upgrade the country’s electricity transmission grid, the bank stated. The loan’s approval date has been set on December 13th. The funds will be used to finance the […]