Saudi Agritech startup Red Sea Farms will sell sustainably sourced foods to Saudi Airlines
Saudi-based agritech startup Red Sea Farms is partnering with Saudi Arabian Airlines to provide the national flag carrier with sustainably sourced foods, a company statement details.
MEANWHILE- Green hydrogen developer CPH2 grants license for its products to be manufactured and sold in the GCC: UK green hydrogen manufacturer CPH2 signed an agreement with a subsidiary of the UK’s Kenera, allowing it to manufacture and sell CPH2 products across the Middle East, according to a CPH2 statement issued yesterday. Under the agreement, CPH2 has granted Kenera an exclusive license to manufacture and sell its products in the region — in countries including Oman, Saudi Arabia, the UAE, Qatar, Iraq and Kuwait, the statement notes.
Background: CPH2 has developed an electrolyzer that doesn’t use membranes, which it claims is a faster, more reliable and more cost-effective form of producing green hydrogen than using other kinds of electrolyzers. Kenera is a “significant investor” in CPH2, according to the statement.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- Saudi Arabia’s King Saud bin Abdulaziz University for Health Sciences signed a five-year operation and maintenance contract for its sewage treatment plant with Alkhorayef Water and Power Technologies, according to a Saudi Exchange disclosure.
- The Kuwait Fund for Arab Economic Development provided USD 2.5 mn to the United Nations Development Programmeto supply healthcare facilities in Yemen with clean energy, a UNDP statement tells us.