HVDC Transmission Between Europe & North America Makes Fiscal Sense
As someone who spends a lot of time looking at HVDC electricity interconnectors globally, and holding the position that HVDC is the new pipeline, I’m very pleased with the latest Ember report, Security and efficiency: The case for connecting Europe
Europe Expected to Add 110 Gigawatts of Solar Next Year!
The solar power market in Europe just continues to grow and grow and grow. And not by a little bit. According to S&P Global Commodity Insights, and particularly solar market analyst Liam Coman, 56 gigawatts (GW) of solar power capacity
Deputy PM highlights cooperation, investments at Egyptian-Sudanese Business Forum
The first Egyptian-Sudanese Business Forum, held on Saturday, focused on strengthening economic cooperation between the two nations. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, opened the forum by emphasizing the importance of expanding
Rio Tinto and China’s SPIC partner to test electric mining trucks with battery swapping
Mining giant Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery-swap-capable electric haul trucks at the Oyu Tolgoi copper mine in Mongolia. The technology
Mitsubishi Chemical invests in $13.5-million Boston Material’s Z-axis carbon fiber technology
Diamond Edge Ventures (DEV), the US-based investing arm of Japan’s Mitsubishi Chemical, has invested in Boston Materials, a US startup manufacturing critical materials for semiconductors, aerospace parts and automotive
El-Khatib discusses Procter & Gamble’s projects, investment plans in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Tuesday with Karim Yassin, Executive Vice President and General Manager of Procter & Gamble—Egypt. Both parties reviewed the company’s current projects and investment plans in the Egyptian market and discussed
Debt-for-investment swaps enhance development pathways in Africa: Finance Minister
Ahmed Kouchouk, Egypt’s Finance Minister, stated that debt levels across Africa are rising due to escalating economic shocks and risks linked to geopolitical tensions. He emphasized that the “Debt Alliance for Sustainable Development” could be part of the solution to
GAFI, World Bank discuss Egypt’s 2025-2030 FDI Strategy
The General Authority for Investment and Free Zones (GAFI) hosted a comprehensive workshop to discuss the strategic directions document, which serves as a roadmap for developing the 2025-2030 foreign direct investment (FDI) strategy. According to a statement from GAFI, this
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment
Egypt holds consultative meeting to discuss national foreign direct investment strategy
Egypt’s Ministry of Planning, Economic Development and International Cooperation hosted a consultative meeting on Tuesday to discuss the draft of the National Foreign Direct Investment (FDI) Strategy, prepared in collaboration with the World Bank Group. The meeting, attended by representatives