The European Union’s Carbon Border Adjustment Mechanism took effect January 1, 2026, targeting six sectors including steel, aluminum, cement, nitrogen fertilizers, hydrogen, and electricity. Exporting companies must now declare and potentially compensate CO₂ emissions linked to their products, with Brussels aiming to ensure competitive fairness for European industries while incentivizing trading partners’ ecological transition. Companies […]
Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in […]
Egypt’s leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, the company’s CEO Amr Allam told Asharq Business in an interview. “If we entered a partnership in a renewable energy plant with a capacity between 50 and 100 megawatts (MWs), […]
