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Scatec to Convert Green Hydrogen into Green Ammonia in Egypt

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Scatec has signed a partnership with ammonia producer Fertiglobe and the Sovereign Wealth Fund of Egypt to convert green hydrogen into green ammonia. The project is to become operational in 2024. Norwegian energy giant, Scatec is developing a project in partnership with Fertiglobe, an ammonia producing company jointly owned by OCI N.V., Abu Dhabi National Oil Company (ADNOC), and the Sovereign Wealth Fund of Egypt (TSFE). The partnership involves the conversion of hydrogen into green ammonia. The energy will be produced via the chemical process of electrolysis, with electricity generated from renewable sources. Scatec plans to build, own, and operate a green hydrogen production plant in Ain Sokhna, Suez Governorate. The Norwegian group will enter into a long-term green ammonia purchase agreement with EBIC, Fertiglobe’s subsidiary. The green hydrogen production plant will be located near EBIC’s Ain Sokhna facility. Ekene Mekwunye is a Research Analyst for The Electricity Hub. She is an environmental enthusiast, a researcher and an eloquent writer. She graduated top of her class from the University of Benin with a bachelor’s degree in Environmental Biology.

Ghaf tree.. Promotes sustainability and spreads the spirit of tolerance at Expo 2020 Dubai

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 The Ghaf tree is one of the original trees that are abundant in the desert of the Emirates and is linked to the heritage and history of the region for its benefits in the lives of ancestors in the past. It also represents a great cultural value in the country due to its association with the identity and heritage of the Emirates.The Ghaf tree is characterized by its tolerance of desert heat, drought and lack of rain. It is a strong tree whose roots extend up to 50 meters underground and its length reaches 28 meters. In 2019, the Ghaf tree was chosen to be a symbol of tolerance in the Year of Tolerance in the country, and the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul, paid great attention to the desert environment, especially the Ghaf tree, where he issued decisions and instructions not to cut it and preserve it.  At Expo 2020 Dubai, Al Ghafa, as it is called locally, had a prominent presence at the opening ceremony of the event, so it came to the audience to send a message to the world emphasizing the principle of tolerance pursued by the UAE as a...

Infinity8 Recognized as Best NFT Marketplace at Crypto Expo Dubai

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As John Stuart Mill said many years ago, “All the good things that exist are the fruits of originality.” The quote finds its true meaning today. Trends that grow like an avalanche day by day in the global world are dragging people towards mediocrity while enabling them to adapt to certain patterns. NFTs, which have been talked about a lot lately, especially in the art world, are standing out at this point! Because in an ecosystem where originality is rare; Defined as a unique digital asset, NFT offers its buyers a unique and unique asset that is entirely their own. It makes millions to its sellers. Our journey as infinity8.io  started at the AmfAR gala during the Cannes Film Festival in July with the first-ever NFT drop from renowned artist Sacha Jafri in July. We started with a bang and raised 2 million dollars. Today Sacha Jafri is partnering with us for the future release of 100 crypto angels, each angel representing a different charity. https://infinity8.io/crypto-angels/ We are also collaborating with the incomparable artist Simon Mcnally for a very special drop that will represent his personal journey as an artist. infinity8.io  was founded by the billionaire philanthropist Javed Fiyaz who has been...

Infinity8 Won ‘Best NFT Marketplace 2021’ Award by Crypto Expo Dubai

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Infinity8 awarded Best NFT Marketplace at Crypto Expo Dubai 2021, only a few months after launching at the AmfAR gala in July. Sacha Jafri, the world’s second highest-selling living artist, shined brightly at the AmfAR gala during the Cannes film festival in the south of France. The extravagant event celebrated its 27th edition with Sharon Stone as a speaker, and Alicia Keys delivered a brilliant performance in a continuous attempt to raise funds for AIDS and Covid -19 research. This year gala was a more intimate event than previous years, with exclusive visitors reduced from 900 to 400 individuals due to the COVID-19 regulations in place. As several purchasers left to return to their penthouse suites, the auction began what would have been the event’s spectacular conclusion. Even though several had already departed, Sacha Jafri, together with billionaire philanthropist Javed Fiyaz, founder of infinity8.io , sold over 1,500 open edition of Sacha’s first NFT “On The Wings of an Angel”  for a sum of 750,000 euros ($950,000) in less than forty five seconds. The NFT sale, done in partnership with the NFT Marketplace  infinity8.io outperformed an Andy Warhol Mickey Mouse piece, that also brought up 375,000 euros ($442,702), a Chopard 18-karat white gold...

Exciting Things Are Happening At Dubai Creek Resort

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Big things are happening this October at Dubai Creek Resort, home to Park Hyatt Dubai, Dubai Creek Golf Club, Dubai Creek Marina, Traiteur Brunch, and Twiggy by La Cantine- a lifestyle destination, that feels a million miles away from the hustle and bustle of the city. The pace of life is slower here, allowing ample time to bask in the very best al fresco dining options the city has to offerThis stunning resort really is a sight to behold, perched right on the banks of Dubai Creek, filled with lush greenery and the iconic blue and white architecture, this destination promises a resplendent haven of escapism and chic experiences galore. Just in time for the gorgeous cooler weather season, there’s lots of exciting news this month which includes…. Traiteur Brunch is Back! Dubai foodies have spectacular cause for celebration, as the famous Traiteur Brunch is back in all its glory. The open kitchen concept that Traiteur pioneered has been reinstated and promises to add to the amazing atmosphere of the day, additionally there is a new station dedicated entirely to ceviche! Timings: Every Friday | 1pm – 4pm Price:Soft Package AED 350 | Sparkling AED 595 To Book: Call 04 602 1814 Boardwalk Terrace...

Abu Dhabi sovereign fund invests $150m in Telegram app

Abu Dhabi state fund Mubadala Investment and Abu Dhabi Catalyst Partners, part-owned by Mubadala, announced on Tuesday they had made a combined investment of...

Keolis-Mitsubishi consortium wins 15-year contract to operate Dubai’s metro and tram networks

 DUBAI- “We are fully committed to the Dubai Metro and tram networks and are working diligently to ensure a smooth handover of operations in September,...

Nakheel Launches Last Remaining Residential Units at the Palm Tower on Dubai’s Palm Jumeirah

Master developer Nakheel today released the last remaining apartments at The Palm Tower, its 52-storey landmark development on the world-famous Palm Jumeirah. With nearly 70...

UAE Announces New Remote Working Visa, Multiple-Entry Tourist Visas

UAE authorities bared a new self-sponsored Remote Work Visa that will enable employees from all over the world to live and work remotely from...

Pepsi sorts out Saudi Arabia’s plastic problem with smart trash cans

From clean energy to paperless services, cities in the Middle East are focusing on environment friendly solutions in their bid to evolve as...

UAE to invest US$10 billion in Indonesia’s sovereign wealth fund

DUBAI: The United Arab Emirates will invest US$10 billion in Indonesia's new sovereign wealth fund to be spent on projects inside Southeast Asia's biggest...

Coronavirus: UAE records 2,172 new infections

The UAE on Tuesday recorded 2,172 new cases of Covid-19, bringing the total number of cases to 444,398. Authorities also recorded six deaths, bringing...

UAE announces 2,172 new COVID-19 cases, 2,348 recoveries, 6 death ..

ABU DHABI, (Pakistan Point News - 23rd Mar, 2021) The Ministry of Health and Prevention (MoHAP) announced that it conducted 209,079 additional COVID-19 tests...

Advans expands Nigeria’s market with new Lagos office, introduces products for MSMEs, individuals

AdvansLa Fayette Microfinance Bank, a leading international microfinance institution with a national CBN license has expanded its Nigeria market with the unveiling of a...

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