The UAE’s Circular Economy Council inaugurated Lootah Biofuels’ cooking oil reprocessing plant in Dubai Industrial City on Friday, WAM reports. The facility, which will collect used cooking oil and process it into biodiesel, will contribute 100 tons per day to the UAE’s biodiesel production. During the same meeting, the UAE’s Climate Change and Environment Ministry signed an MoU with Union Cement to begin using alternative fuels from the Emirates RDF municipal solid waste plant.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• The European Investment Bank (EIB) wants to guarantee sustainable loans for Morocco’s exporting SMEs, the EIB said in a statement last week. The agreement aims to help exporting SMEs in the automotive, textile, agro-industry and agricultural sectors.
• Saudi oil giant Aramco launched a program to bolster the growth of sustainability-driven SMEs in KSA through five funds with a combined capital of USD 800 mn, according to a company statement on Thursday
• Dubai-based sustainable food packing firm Avani Eco Middle East is set to receive AED 2.5 mn in funding from the Mohammed Bin Rashid Innovation Fund, the fund said on Sunday.
• Italy will provide Egypt with a EUR 2.3 mn grant to bolster the country’s water management and upskill the sector’s employees as part of the Italian-Egyptian Water Training Program, according to a cabinet statement published yesterday.