Alfanar Signs MoU to Establish Green Hydrogen Project Worth $3.5B in Egypt

• Monday, 29th August 2022
• by Fatma Ahmed

Saudi Arabia’s Alfanar announced that it has signed a memorandum of understanding (MoU) with Egypt to establish a green hydrogen project worth $3.5 billion in Ain El-Sokhna, Reuters reported. According to the company,...

Alfanar, Taqnia Sign MoU For Renewable Energy Projects

• Sunday, 7th July 2019
• by Editorial Team

Alfanar and Taqnia Energy have signed a memorandum of understanding (MoU) to improve alternative energy in Saudi Arabia, Arab News reported. The agreement aims to shift towards increased dependence on renewable energy...

APICORP Inks $75 M Murabaha Term Facility with Saudi’s Al Fanar

• Thursday, 9th May 2019
• by Editorial Team

The Arab Petroleum Investment Corporation (APICORP) has inked a strategic five-year Murabaha financing facility worth $75 million with Alfanar Company, APICORP announced on a press release. “With an existing portfolio...