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Senate Discusses Potential Implementation of a Carbon Tax Law

The Egyptian Senate has been holding deliberations since Wednesday, 1 November, regarding a study by Senator Amr Ezzat of the Committee on Energy, Environment, and Labor that raises concerns about the potential incorporation of a carbon tax. Ezzatโ€™s study, titled "Economic Development Between Energy Sources and Addressing Environmental Issues," analyzes the potential consequences of introducing
Al Borsa Amr Ezzat European Union Egyptian Senate Egyptian Financial Regulatory Authority World Bank

AfrElec: ACWA Power in talks to build 250-MW wind farm in Gulf of Suez

Saudi water and electricity utilities operator ACWA Power is in advanced talks with the Sovereign Fund of Egypt (SFE) to build a 250-MW wind farm in the Gulf of Suez, Al Borsa newspaper reported. The SFE would reportedly own a minority stake in the project. ACWA Power has a significant presence in Egypt, including through its 200-MW Kom Ombo solar power plant, which in April
Saudi Arabia Gulf Of Suez Janub Sina Kom Ombo Al Borsa Arab Bank

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