UAE’s Alpha Dhabi to invest in Libya’s green energy sector via subsidiary W Solar Investment

W Solar Investment, a subsidiary of UAE’s Alpha Dhabi, signed Monday a memorandum of understanding with the General Electricity Company of Libya (GECOL) to develop a long-term partnership in Libya’s renewable energy sector, Zawya reports. Under the agreement, the investment Read more

Egypt postpones 3rd electricity price hike to mitigate burdens on citizens

Egypt’s President Abdelfattah al-Sisi Monday revealed that the North Arab republic has postponed a third rise in electricity prices to mitigate burdens on citizens caused by the global economic crisis, reports say. The Egyptian leader who spoke during the inauguration Read more

Turkey’s first nuclear plant project takes hit as result of Russian sanctions

Turkey’s $20-billion plant project, the first ever by the country, is being threatened as Western sanctions heap up on Russia over its invasion of Ukraine. Operations of the first reactor of the Akkuyu Nuclear Power Plant, located on the Mediterranean Read more