{"id":85591,"date":"2024-07-24T00:00:00","date_gmt":"2024-07-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/07\/24\/today-adnoc-jv-places-a-mega-order-for-alternative-fuel-carriers\/"},"modified":"2024-07-24T00:00:00","modified_gmt":"2024-07-24T00:00:00","slug":"today-adnoc-jv-places-a-mega-order-for-alternative-fuel-carriers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/07\/24\/today-adnoc-jv-places-a-mega-order-for-alternative-fuel-carriers\/","title":{"rendered":"TODAY: Adnoc JV places a mega order for alternative fuel carriers"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Good morning, nice people. <\/strong><span style=\"background-color: transparent;\">We have another calm news day as the weekend inches closer, but a rather sizable investment from Adnoc L&amp;S\u2019s JV with China's Wanhua Chemical Group is making waves. Let\u2019s dive right in.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- Berkshire Hathaway\u2019s stake in BYD <\/strong><strong>drops below 5%:<\/strong> US bn\u2019aire Warren Buffett\u2019s holding company <a target=\"_blank\" href=\"https:\/\/www.berkshirehathaway.com\/\" style=\"\" rel=\"noopener\">Berkshire Hathaway<\/a> has reduced its stake in Chinese EV giant BYD to below 5% \u2014 down from 20% two years ago. Berkshire began investing in BYD in 2008, snapping up 225 mn shares for USD 230 mn. This reduced stake may signal the end of Berkshire\u2019s disclosure of stock sales in BYD, as Hong Kong regulations allow shareholders to stop disclosing sales when their stake falls below 5%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another brick in the wall? <\/strong>BYD experienced its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d5bec204-7413-4bb7-8834-e608617edee9\/%253cmark%253eev%253c%2Fmark%253e-maker-lucid%25e2%2580%2599s-bottomline-continues-in-the-red-as-revenues-rise\" style=\"\" rel=\"noopener\">slowest quarterly bottomline growth<\/a> in two years as EV sales momentum slowed down, leading to a 6.1% drop in the company\u2019s Hong Kong shares back in April. In March, Lucid Motors\u2019 shares were down 31% since the beginning of the year, and there is a belief among some pundits that US appetite for EVs \u2014 which rose to a peak during covid \u2014 has fallen off.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed some ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/berkshire-hathaway-cuts-stake-chinas-byd-below-5-2024-07-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-22\/berkshire-hathaway-sells-more-of-byd-bringing-stake-below-5?srnd=hyperdrive\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong>, and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/autos\/buffetts-berkshire-hathaway-trims-byd-stake-to-below-5-0191d1fe\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a><\/strong><strong>. <\/strong><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- Mining giant Ma\u2019aden wants to grow 10x by 2040 to become one of the world\u2019s largest <\/strong><strong>mining companies<\/strong>, CEO Bob Wilt told Al Arabiya (<a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/07\/23\/%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%B9%D8%A7%D8%AF%D9%86-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%86%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-10-%D8%A3%D8%B6%D8%B9%D8%A7%D9%81-%D9%81%D9%8A-2040-\" style=\"\" rel=\"noopener\">watch, runtime: 3:21<\/a>). \u201cWe have a very detailed roadmap on our growth \u2026 we will be spending SAR 100 bn in the next decade to grow out and fully develop the mineral resources here in the Kingdom [Saudi Arabia], based on what we know exists and based on what we think we\u2019ll find,\u201d he said of the company\u2019s organic growth plans. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>M&amp;A will also be part of Ma\u2019aden\u2019s strategy: <\/strong>Wilt also pointed to an inorganic push to grow Saudi\u2019s mining champion, referencing its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4dd5d84a-633a-4654-88a4-7a4a9e2956ca\" style=\"\" rel=\"noopener\">investment in Vale Base Metals<\/a> \u2014 through its Manara Minerals JV with the PIF \u2014 to hint at future investments overseas which are \u201cvery far along in diligence\u201d and set to be announced by the end of this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>IN OTHER MINING NEWS- <\/strong><strong>Brics <\/strong><strong>countries set up geological <\/strong><strong>platform<\/strong><strong>: <\/strong>The heads of geological survey agencies from Brics countries, including Egypt and the UAE, have agreed to establish a joint geological platform, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0Wv68w78SGxfS31FMA8mw7T1yioFMgtrXehLSHck6UJ6e27Hf1biX5crMg3J6iTKul\" style=\"\" rel=\"noopener\">statement<\/a>. The platform aims to foster knowledge exchange, technological development, and practical expertise in mineral management to cater to the growing demand for mineral exploration and extraction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The platform\u2019s core structure will include a coordinating council, a joint projects committee, a technology transfer council, a working group on essential minerals, and a team of experts, the statement adds. Future cooperation will focus on geological exploration, regional geological studies, and strategic minerals, complemented by advancements in digital geology. The parties also discussed the supply and processing of supplementary resources and proposed creating a shared map of mineral reserves held by all member countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s more: <\/strong>Egypt and Russia are also planning to sign an MoU to enhance knowledge and technology exchange and improve efficiency in the mining sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>Egypt\u2019s Ministry of Electricity and Renewable Energy is set to add 750 MW of <\/strong><strong>renewable energy from two projects to the national grid by October<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/power\/49296\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D9%8A%D9%86-%D9%84%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AC%D8%AF%D8%AF%D8%A9-%D8%A3%D9%83%D8%AA%D9%88%D8%A8%D8%B1-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing a government official with knowledge of the matter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong>The 250 MW first phase of Orascom Construction, Toyota, and Engie\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/39e55e8c-4fad-48bd-bd4e-2a5d4f2960d1\" style=\"\" rel=\"noopener\">mega wind plant<\/a> is scheduled to open in August, while the <a target=\"_blank\" href=\"https:\/\/www.ameapower.com\/776-2\/\" style=\"\" rel=\"noopener\">500 MW solar power plant<\/a> in Kom Ombo underdevelopment by the UAE-based Al Nowais\u2019s subsidiary Amrea Power is expected to be operational by October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt has more in the pipeline:<\/strong> Egypt was also planning to add <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e50aa699-e048-454a-9700-a393fa8bbaf1\/\" style=\"\" rel=\"noopener\">700 MW of solar energy<\/a> to the national grid by the end of August. The energy will come from Acwa Power\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/29b4d631-254c-4e80-9f2c-f01ebf194da5\" style=\"\" rel=\"noopener\">200 MW Kom Ombo project<\/a> and Amea Power\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3353d732-aa27-4d6d-95ba-2de58d5edd02\/amea-power-secures-over-usd-1-bn-in-funding-for-egypt%25e2%2580%2599s-renewables-projects\" style=\"\" rel=\"noopener\">500 MW Abydos project<\/a> in Sohag. The Egyptian Electricity Transmission Company has already signed 25-year power purchase agreements for the projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- We have another update on the SoutH2 Corridor pipeline: <\/strong>Germany\u2019s <a target=\"_blank\" href=\"https:\/\/www.vng.de\/en\" style=\"\" rel=\"noopener\">VNG<\/a>, Italy\u2019s <a target=\"_blank\" href=\"https:\/\/www.snam.it\/it\/home.html\" style=\"\" rel=\"noopener\">Snam<\/a> and <a target=\"_blank\" href=\"https:\/\/www.sea-corridor.com\/en\" style=\"\" rel=\"noopener\">Sea Corridor<\/a>, and Austria\u2019s <a target=\"_blank\" href=\"https:\/\/www.verbund.com\/\" style=\"\" rel=\"noopener\">Verbund<\/a> are scheduled to sign an MoU in September 2024 to conduct studies for the implementation of the SoutH2 Corridor pipeline, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/1842.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The decision to ink an MoU was made during a meeting earlier this week to discuss the project\u2019s goal to supply the EU with nearly 4 mn tons of green hydrogen annually from Algeria to Germany via Italy and Austria.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Major companies are planning to use the corridor: <\/strong>Saudi renewables giant Acwa Power signed an MoU with the Tunisian government last month to develop a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48171ef9-b9e4-469c-a779-1a384c2949f5\/%253cmark%253e%253c%2Fmark%253eacwa%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253epower%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eto%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253edevelop%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ea%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emega%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253egreen%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehydrogen%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eproject%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ein%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etunisia%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 6.2 bn renewables-powered green hydrogen project<\/a> capable of producing 200k tons of green hydrogen, which will be exported to Europe via the SoutH2 Corridor pipeline. TE H2 \u2014 a JV between French energy giant TotalEnergies and Luxembourg\u2019s EREN Groupe \u2014 and Austrian utilities company Verbund also signed an agreement with Tunisia in May to study the production of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/75ba59db-ce64-4b2d-b669-5423cb11b7d9\/%253cmark%253e%253c%2Fmark%253etotalenergies%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253everbund%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eeye%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253egreen%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehydrogen%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eproduction%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ein%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etunisia%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">200k tons of green hydrogen<\/a> for export annually using the pipeline. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Algeria <\/strong><strong>advances progress on desalination plants:<\/strong> Construction on one of the <a target=\"_blank\" href=\"https:\/\/aec.dz\/\" style=\"\" rel=\"noopener\">Algerian Energy Company<\/a> \u2019s (AEC) six solar-powered seawater desalination plants is around 68% complete, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/energyalgeria2021\/posts\/pfbid0JzTm4r2pkQxXiJNeVGJZDypVxEtjiELpj2GhuwyGdCrPQHGZNcntX1kk9o6Z3Aocl\" style=\"\" rel=\"noopener\">statement<\/a>. The project \u2014 part of the country\u2019s 2022-2024 plan to tackle water security \u2014 aims to produce 300k cubic meters per (cbm) of potable water daily. The project is managed by AEC and executed by Sonatrach subsidiaries SARPI and <a target=\"_blank\" href=\"https:\/\/www.enac-dz.com\/\" style=\"\" rel=\"noopener\">ENAC<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- About the projects: <\/strong>Once <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/10437770-7444-46de-9d51-2dc20e137e9b\" style=\"\" rel=\"noopener\">all plants<\/a> are operational \u2014 in addition to another five currently being built with a capacity of 1.5 mn cubic meters per day set to launch in December \u2014 Algeria\u2019s water production capacity is expected to rise to 5.4 mn cbm in 2028 to meet 60% of the country\u2019s drinking water needs at subsidized prices. The plants are set to become operational between 2027 and 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>EU <\/strong><strong>carbon permits might cost more than expected:<\/strong> Analysts have raised their price forecasts for European Union carbon permits for 2024 to 2026, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/analysts-forecast-eu-carbon-price-rise-say-supply-could-swell-2024-07-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <a target=\"_blank\" href=\"https:\/\/climate.ec.europa.eu\/eu-action\/eu-emissions-trading-system-eu-ets\/emissions-cap-and-allowances_en\" style=\"\" rel=\"noopener\">EU Allowances<\/a> (EUAs) are expected to average EUR 67.25 per metric ton this year and EUR 76.75 in 2025, reflecting increases of 5.1% and 3.7% respectively compared to April forecasts. The average price for 2026 is projected at EUR 93.46 per ton, up 1.1% from previous estimates. However the EU could resort to issue more permits to increase supply, and reduce risk, the new outlet added. The EU\u2019s Emissions Trading System mandates that manufacturers, power companies, and airlines pay for each ton of carbon dioxide they emit, contributing to Europe's climate targets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EUA auctions could affect the prices:<\/strong> The European Commission\u2019s <a target=\"_blank\" href=\"https:\/\/commission.europa.eu\/strategy-and-policy\/priorities-2019-2024\/european-green-deal\/repowereu-affordable-secure-and-sustainable-energy-europe_en\" style=\"\" rel=\"noopener\">REPowerEU plan<\/a>, launched to reduce reliance on Russian fuels and meet climate goals, includes raising EUR 20 bn through the auction of EUAs over the next few years. Analysts warn that the timing and size of these sales will significantly impact prices. With the average 2024 price forecast at EUR 63 per ton, additional auction volumes might be necessary to meet revenue targets, carbon certificate firm <a target=\"_blank\" href=\"https:\/\/www.veyt.com\/\" style=\"\" rel=\"noopener\">Veyt<\/a> 's head of carbon analysis Haege Fjellheim said.<\/p>\n<p class=\"tag-border-left\">WORTH READING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is the Paris 2024 Olympics plan to halve emissions actually feasible? <\/strong>Paris 2024 Olympics organizers are aiming to cut the carbon footprint of the games in half compared to previous years, but experts claim that the sustainability plan only covers around 30% of expected emissions, <a target=\"_blank\" href=\"https:\/\/www.context.news\/net-zero\/going-green-can-the-paris-2024-olympics-slash-carbon-emissions\" style=\"\" rel=\"noopener\">Context News<\/a> reported. The event \u2014 which begins on Saturday \u2014 is scheduled to host 15k athletes and bring in around 10 mn spectators, requiring significant food, transportation, and accommodation efforts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How they\u2019re planning to do it:<\/strong> Paris organizers have pledged to use existing buildings or build new ones that can be used after the games with low carbon materials, Context writes. They will use recycled plastic for seating, EVs for transportation, and renewable electricity to power the stadiums. Organizers also plan to support reforestation and renewable energy projects to offset these emissions. The largest share, nearly 40% of emissions, are expected to come from electric transport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But a green olympics will require more effort: <\/strong>The games would need to reduce its emissions by 60% by 2036 to align with Paris Climate Agreement goals, according to a <a target=\"_blank\" href=\"https:\/\/carbonmarketwatch.org\/publications\/going-for-green-assessing-the-climate-strategy-and-communication-of-the-2024-paris-olympics\/\" style=\"\" rel=\"noopener\">report<\/a> by Carbon Market Watch. Environmentalists suggest downsizing and updating the model, hosting events in different countries, limiting local attendance, and rotating host cities. They also call for an independent body to monitor sustainability and exclude non-carbon-zero sports federations.<\/p>\n<p class=\"tag-border-left\">THE SCORECARD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sunday, 21 July was the hottest day ever recorded worldwide, with the global average<\/strong><strong> surface air temperature reaching 17.09\u00b0C<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/world-registers-hottest-day-ever-recorded-july-21-monitor-says-2024-07-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing data from the European Union's Copernicus Climate Change Service. This surpasses the previous record of 17.08 \u00b0C set in July last year. Global warming has caused temperatures in southern Europe to exceed 40\u00b0C for the past two weeks, intensifying wildfire threats, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-23\/world-records-hottest-day-while-wildfires-threaten-mediterranean?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. Greece has seen 33 wildfires within 24 hours, with Athens and southern regions on high alert. Spain also faces extreme fire risks, with Seville and Cordoba expected to reach 43\u00b0C, and southern France and Italy are similarly in danger. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The world is once again on track for its hottest year on record: <\/strong>Each of the past 12 months have <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e50aa699-e048-454a-9700-a393fa8bbaf1\/today:-lots-of-uae-solar-updates-%2B-jinko-solar-nabs-neom-solar-contract\" style=\"\" rel=\"noopener\">surpassed the 1.5 \u00b0C threshold<\/a> above pre-industrial averages, reaching an average of 1.64 \u00b0C. June was the 13th consecutive month to hit its hottest temperatures. The incoming La Nina weather circulation is expected to cool down temperatures but the broken records are an indication that the climate system is warming up fast.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<br \/><strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am in Cairo and Riyadh and 11am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> <a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/user\/subscribe-details\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/worldesgsummit.com\/\" style=\"\" rel=\"noopener\">World ESG Summit<\/a><\/strong><strong> from Tuesday, 20 August to Wednesday, 21 <\/strong><strong>August<\/strong> in Dubai. 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