INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Morocco aims to be a major green hydrogen producer in the region

     

    • Morocco to transition to renewable source of energy

    • The country will team up with the Abu Dhabi-based International Renewable Energy Agency to speed up the energy transition

    Morocco has set its sights on becoming a major green hydrogen producer, and in this regard it will be working with the Abu Dhabi-based International Renewable Energy Agency (IRENA) to accelerate the country’s energy transition.
    According to WAM, the collaboration will be focused on advancing the country’s national green hydrogen economy, as it aims to become a major green hydrogen producer and export, according to WAM.
    “The Kingdom of Morocco has shown great leadership in advancing the deployment of renewable energy to meet growing energy demand while creating new industrial opportunities across the country,” IRENA Director-General Francesco La Camera said.

    Green hydrogen has been identified as a critical element of global decarbonization goals, and Morocco has expressed strong interest in developing domestic capacity and creating opportunities to share with the world.
    “We will continue to promote and encourage the uptake of renewables in the context of climate change and sustainable development at a regional and an international level,” the country’s energy minister, Aziz Rabbah, said. The pair will develop technology and market outlook studies, as well as design public-private models of cooperation in the hydrogen scene.