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Tuesday, 6 September 2022

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.

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