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Could hydroponic farming be the solution to feeding Egypt amid rising temperatures?
Hydroponic farming is a method of growing crops using a water-based nutrient solution instead of soil
Turkey’s Beko has officially set up shop in Egypt with new USD 100 mn factory. PLUS: SEIC + Abu Qir Fertilizers, Beko, EgyptAlum, Zilla Capital, City Lab + Cairo Clinical Lab
Beko is among a number of companies that have received golden licenses to operate in Egypt
Auto Jameel to assemble up to 15k GAC cars locally: PLUS: Rameda, Vodafone, Ayadi, Entlaq, ACUD, Raya Foods
The company will initially begin producing at third-party production lines, until it establishes its own independent factory within three years
CNN profiles a Dutch engineer’s plans to green the Sinai Peninsula
While the project’s scope is ambitious, massive environmental engineering can have unforeseen consequences
Cairo, Ankara deepen cooperation, economic ties during El Sisi’s first official visit to Turkey
The visit, which follows Erdogan’s trip to Cairo in February, is a landmark moment for the two erstwhile regional rivals
BP to invest USD 400 mn in two new wells. PLUS: Agiba, Pickalbatros, Juba, Alexandria Port Authority, El Araby Group, carbon credits
The two wells will add a combined daily 400 mn cubic feet of gas to BP’s output
Local consortium to set up a USD 1.2 bn chemical production plant to feed fertilizer industry
Nine local players will take on the project
Fertilizer manufacturer Biogrand to open SAR 25 mn KSA factory in early 2025. PLUS: East Qantara Dry Port, EU trade agreement, Al Modawat Specialized Medical
The factory will be established in partnership with unnamed Saudi investors
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