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TODAY: Acwa Power secures USD bns in financing for solar projects
What we’re tracking this morning regionally and around the world
EGA to acquire a majority stake in US-based Spectro Alloys
The acquisition is set to close in 3Q 2024
EGA reports 57% drop in net income amid lower global aluminum prices
EGA’s net income fell to AED 3.3 bn in 2023
EGA is building a first of its kind pilot plant to tackle bauxite waste from aluminum refining
Construction follows five years of research into the repurposing of one of the aluminum industry’s most challenging waste streams
EGA starts construction of UAE’s largest aluminum recycling plant
The plant will recycle 170k tons of aluminum scraps annually
High-emissions industries are working to decarbonize — but finance remains a challenge
MENA’s HTA industry leaders are in a race to decarbonize: Decarbonization has emerged onto the radar of the world’s high-emissions…