Turkish energy company shuts down supply to Lebanon over arrears

Karpowership, a Turkish company which supplies Lebanon with a quarter of its energy needs, has shut down this Friday its two floating stations over failure by the Middle East country marred in financial crisis, to pay its arrears, Reuters reports. A source knowledgeable of the matter but who required anonymity told Reuters that the company […]

Egypt: British Airway, Lufthansa suspend flights to Cairo over security concerns

UK’s flag carrier British Airways and Germany’s national carrier Lufthansa have temporarily suspended flights to capital Cairo on the ground of serious security concerns. British Airways announced Saturday it was suspending flights to Cairo for seven days as part of evaluation of the security situation at world airports where the airline operates flights to. “The […]

Gotion Power Morocco partners with Acwa power in $800mln wind project

Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]