Aussie aluminium plant buys solar energy to reduce emissions
Rio Tinto announced on Wednesday a deal to purchase power from a new solar farm in Queensland to make their…
Low-emissions power to meet global demand – IEA
Power generated from low-emission sources like wind, solar, and nuclear will suffice to satisfy the increase in…
China’s property sector struggles, Country Garden to sell $530 mln in assets
China’s property market slump is getting worse as Country Garden, the largest private property developer in China,…
Al Tamimi & Company names new corporate commercial partner in Egypt
Law firm, Al Tamimi & Company announced on Wednesday the appointment of Amr Namek as its new corporate…
US dollar, oil up in early Wednesday trade
Oil prices were up in early Wednesday trade. Brent crude rose by 0.43 per cent, or 0.34 cents, reaching $79.89 a…
Samsung to lease its Russia factory
Samsung Electronics is planning on leasing its TV factory in Russia in light of a number of global companies…
Egypt’s SCZone signs $250 mln contracts for 5 projects
The Egyptian Suez Canal Economic Zone (SCZ) signed five framework agreements that aim to initiate projects with a…
Tesla mulls building new EV in mid-2025
Tesla Inc. plans to start production of a new mass market electric vehicle (EV) called Redwood in mid-2025.
LG Display posts 1st profit in 7 quarters
LG Display, South Korea’s flatscreen maker, posted its first profit in seven quarters amid increasing shipments of…
Climate complacency endangers eurozone banks – ECB
The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their operations…
