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Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Climate change is messing with everything from cargo shipping to French cheese
Dried-up rivers are bad news for everything — including industries: Droughts hitting the US, Europe, and China are having a…
Toyota exits Egyptian Offshore Drilling Company
Toyota exits Egyptian Offshore Drilling Company: Toyota has sold its 50% stake in the Egyptian Offshore Drilling Company ahead of…
The world doesn’t have enough snow for the Winter Olympics + Toyota to restart operations following hack on supplier
As global warming’s impact accelerates, the world could soon be lacking enough real snow to hold the Winter Olympics, warns…
Russia-Ukraine war impacts supply of sunflower oil, chips, and car parts + Cyberattacks are continuing the warfare on another front
Latest commodity victim of the Russia-Ukraine war: Sunflower oil. Russia’s ongoing war on Ukraine has sent a slew of commodity…
Your lattes are going to get pricier + Hyundai opts for hydrogen over EVs + ALSO: Steel needs serious bucks to eliminate emissions
Your mochaccino-latte is about to get more expensive: Global supply constraints coupled with trouble brewing in major exporting regions has…
Dogecoin copycats everywhere + worries that the world’s most indebted company threatens China’s banking sector
SOUND SMART- Could the world’s most indebted company spark a (kinda-sorta) 2008-style systemic banking crisis in China? That’s the question…
Gov’t allocates EGP 8 bn to export subsidies in FY 2021-2022
The government has allocated EGP 8 bn for export subsidies during the current fiscal year, after having paid out EGP…
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