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Palm Hills’ revenues up 22% in 1Q 2023
Net income was down 14% on higher financing costs
NewMed and partners to build Egypt-Cyprus gas pipeline
The pipeline could boost our LNG exports to Europe
Pharco + Ajlan & Bros to break ground on USD 150 mn Saudi pharma complex next month. PLUS: Turkish investment, OIH eyes Uzbekistan
Production is expected to start in 2024
Spotlight: KarmSolar CEO and co-founder Ahmed Zahran
The company’s second solar grid is set to go live in June
Marsa Alam’s first solar-powered desalination plant, courtesy of KarmWater
The plant is currently 30% powered by solar
GASC defers wheat payments amid FX crunch: supply minister, traders
As many as 11 wheat cargoes are awaiting payment, according to traders
More Chinese energy, chemicals, and textiles projects in the SCZone
The agreements signed are worth a combined USD 707 mn
Chinese consortium wants to build USD 300 mn ironworks in SCZone
A growing appetite in the SCZone green hydrogen projects
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