AVIATION-

Masdar + Airbus team up on SAF production: UAE renewables company Masdar signedan agreement with French aircraft manufacturer Airbus to jointly develop sustainable aviation fuels, green hydrogen, and direct air capture technologies, according to a statement. The agreement also sees the companies jointly launching a book and claims framework that would enable aircraft operators to source their SAF supplies without being geographically connected to a stockpile site.

The details: Both companies will partner on developing direct air capture tech with the aim of using the captured CO2 to fuse it with hydrogen and generate sustainable aviation fuels, the statement notes. Masdar is looking to capture as much of a share of the global SAF market, which is expected to grow at a CAGR rate of 42.39% to USD 14 bn by 2032, the company notes, citing market forecasts by Precedence Research.

ZONES-

Egypt to provide incentives + streamline processes for investors, transport players:Egypt’s new Supreme Investment Council Council approved 22 decisions at its first meeting, including plans to ease restrictions, streamline approvals, simplify import procedures, and relieve financial and tax burdens, according to an Egyptian presidency statement. The decisions also include providing incentives like unifying costs and customs fees for shipping and transport companies, as well as considering logistics zones and dry ports as special economic zones to grant them investment perks, Egyptian Prime Minister Moustafa Madbouly said at a press conference yesterday (watch, runtime: 54:57). Egyptian President Abdel Fattah El Sisi chaired the meeting, which was also attended by Prime Minister Moustafa Madbouly, Central Bank of Egypt Governor Hassan Abdalla, ministers, officials, and private sector representatives, according to an SCZone statement.

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