Climate (MENA) 
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Construction begins on Egypt’s USD 500 mn green chemicals plant
The first phase will use wind, solar and natural gas for energy production
Mubadala-backed EGA’s net income drops in 2024
Revenue rose slightly to AED 30 bn (USD 8.2 bn) for the full year
Green manufacturing and debt updates from Egypt + Saudi
Stories on our radar this morning from around the region
Green finance, manufacturing, and energy efficiency updates from Qatar, UAE, and Saudi
Stories on our radar this morning from around the region
Inovartic Investment to establish a graphene facility in Abu Dhabi
The factory will produce graphene and graphene-supported products
Oman breaks ground on USD 68 mn silicon metal factory
The factory will produce 25k tons of high-quality metallic silicon in its first phase.
Sabic opens world’s first pilot plant for renewables-powered steam cracker furnaces
The technology could potentially cut emissions from the energy-intensive production process by at least 90%
KSA’s Sabic Agri-Nutrients reveals plans to decarbonize its chemical manufacturing
The projects will be launched starting 2026 and will include developing biodegradable controlled-release urea and building carbon capture facilities
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