Search Results for: NewMed energy

Energy deal with Morocco

More details of the deal that allows Israel’s NewMed to search for natural gas deposits off the Atlantic coast of Morocco (see here previously). The 8-year agreement includes geological and geophysical analysis with initial exploration drilling anticipated after about 2.5 … Continue reading

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Renewable energy for 7 Arab countries

Israeli energy companies Enlight Renewable Energy and NewMed Energy are to launch renewable energy projects in Egypt, Jordan, Morocco, the UAE, Bahrain, Oman, and Saudi Arabia. The projects focus on solar and wind power production, and energy storage. https://www.moroccoworldnews.com/2022/08/350802/two-israeli-companies-to-launch-renewable-energy-projects-in-morocco

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Exits, takeovers and mergers to 16/4/23

Entain, one of the world’s largest sports betting and gaming groups, is acquiring Israeli sports results application 365Scores for $200 million. Cisco is acquiring Israel’s Lightspin for $200-250 million. BP and Abu Dhabi National Oil have offered $2 billion for … Continue reading

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Israeli conference in Morocco

The Jerusalem Post Group held its “Global Investment Forum 2022” in Marrakech, Morocco. Israeli companies presenting included Netafim and NewMed Energy. Other topics included Eilat (tourism), Jerusalem (tourism and conferences), and the Abrahamic Business Circle. https://www.jpost.com/business-and-innovation/article-722493

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