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Tuesday, 12 September 2023

Egypt inks three MoUs for waste management projects and the UAE launches an EV content platform for everything e-mobility

It’s a takeoff for some waste management projects in Egypt: Egypt signed three MoUs focused on green investments during Egypt’s inaugural Environmental and Climate Investment Forum, according to a statement. The first MoU was signed between Waste Management Regulatory Authority (WMRA), KIT Innovation HUB, and Green Build Egypt on waste management cooperation. Under the MoU, the three parties agreed to set up a pilot project for recycling construction and mining waste in New Cairo and the New Administrative Capital. Another agreement was signed between the Arab Organization for Industrialization (AOI) and Germany’s INTEC Rubber Powder and RECOM Patent & License to set up a joint venture for tyre recycling in the country. The third agreement was signed between Green Planet and UAE’s Zero Carbon Ventures for a pilot project focused on the treatment of organic waste and transforming it into income-generating products, according to the statement.


A platform for everything EV in the UAE: A new EV content platform — EVLife.ae — has been launched under support from Al Futtaim Electric Mobility Company to provide access to reliable news on e-mobility to customers in the country, according to a statement. The editorial platform, which will have content published in both English and Arabic, will cover developments related to e-mobility globally as well as host how-to guides for first time EV buyers, news on related governmental regulations, and interviews with industry experts.

REMEMBER- All under an EVs push by the UAE: The UAE aims to transition to green mobility by increasing the share of EVs to 50% of all vehicles on the country’s roads by 2050. In July, the UAE’s Cabinet approved the National Electric Vehicles Policy, which aims to “build a national network of electric vehicle chargers, organize the market of electric vehicles, promote associated industries to ensure lower emissions, lower energy consumption, and maintain the quality of roads.” The policy will contribute to reducing energy consumption in the transport sector by 20% through its Green Mobility Project.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • KSA’s Barakah secures funds for food waste solution: Saudi-based foodtech startup Barakah has raised USD 1.5 mn in a seed-funding round under plans to expand its food waste product offering in cities in the Kingdom beyond Riyadh and Jeddah. (Statement)

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