Good press for our renewables sector

Alcazar Energy is singing the praises of our renewables sector in the WallStreet Journal, with company co-founder and managing director Daniel Calderon telling the paper that fixed-price long-term offtake agreements from South Mediterranean governments including Egypt’s are making wind, solar, and green hydrogen projects an attractive prospect to developers. Alcazar and K&K have proposed to build a green ammonia facility here and the company is also eyeing new renewables projects in partnership with Egypt-based Madkour Group.

OTHER BUSINESS HEADLINES- Western grain traders’ exit from Russia won’t impact its wheat exports to markets including Egypt, according to Bloomberg, while the National snaps the efficient farming techniques at Bustan Aquaponics’ farm in Cairo.

AND- Stories on interfaith relations, rights, roller skaters, and Ramadan.