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ELECTRIC VEHICLES-
Infinity and Recharged to offer home EV charging solutions in Egypt: Renewables company Infinity has inked a strategic partnership with EV charging product manufacturer Recharged to establish a JV that will manufacture and sell home EV chargers, according to a press release (pdf). The venture aims to produce an affordable and reliable home charging solution appropriate for the mass market, with the broader aim of supporting Egypt’s shift toward sustainable transportation.
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NUCLEAR-
The Emirates Nuclear Energy Company (Enec) rebranded two of its subsidiaries as part of a wider rebranding to align it with its goals of becoming a global investor, according to the Abu Dhabi Media Office. The makeover will see Nawah Energy Company become Enec Operations, and Barakah One Company turn into Enec Commercial.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- A new lithium exploration project in Morocco: The National Office of Hydrocarbons and Mines and LARC Morocco signed a research agreement to explore lithium in the Bir El Mammy region in the Western Sahara. (Statement).
- QIIB launches green car financing initiative in Qatar: Qatar International Islamic Bank (QIIB) has introduced green car financing, offering a lowered APR of 3.7% and up to a 12-month grace period for customers purchasing electric or hybrid vehicles. This offer is valid from 10 November until 31 December 2024. (Statement)
