ELECTRIC VEHICLES-
Algeria begins exporting EV charging stations: The Algerian Company for Electrical and Gas Industries (SAEG) — a subsidiary of state-owned Sonelgaz — started exporting EV charging stations to Italy and Libya, according to a statement released earlier this week. SAEG delivered 433 charging stations, including medium-capacity (60 kW) and high-capacity (322 kW) units as part of the first phase of its contract with Italy and Libya.
More to come: SAEG signed multiple agreements to export its locally-assembled charging stations from its plant in El Eulma to other markets in Europe and the Middle East, according to the statement. The units have a local production component percentage of 58%, SAEG said, with the percentage set to increase further in the coming months.
CLIMATE POLICY-
FAO, Japan launch climate response project in Jordan: The UN’s Food and Agriculture Organization (FAO) has launched a project funded by the Japanese government to help address pressing challenges related to climate change and natural resources in refugee-affected areas in northern Jordan, Al Mamlaka reports. The project will focus on disaster risk reduction, community-based solutions, and forest rehabilitation through cash-for-work schemes at the Zaatari, Jerash and Ajloun camps.
Not the FAO’s most recent project in Jordan: The FAO and Jordan’s Ministry of Environment launched a project in May to plant native, economically beneficial tree species over 100 hectares across three communities.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- Ma Hawa’s sustainable water-from-air bottles make debut in Adnoc and Union Coop stores: UAE-based water brand Ma Hawa has made its water-from-air bottles available in select Adnoc and Union Coop stores across the country starting this month. It plans to expand its product offering to an additional 90 Adnoc locations at a later stage. Its technology extracts pure water from atmospheric humidity using low-energy consuming technologies. (Statement)
- ADIB receives MSCI ESG rating upgrade to leadership category: Global index provider MSCI updated Abu Dhabi Islamic Bank’s ESG rating to AA, making it the only bank in the region to achieve this status this year. The ADIB now ranks among the top 27% of global organizations on the MSCI ACWI index globally for managing ESG risks. (Statement)