Energean to sell portfolio in Egypt, Italy, Croatia to Carlyle International Energy Partners

Energean announced an agreement to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for a price of up to 945 million dollars and not less than 820 million dollars.

The price according to Energean is more than three times the cost of acquiring the specific assets from Edison which was 284 million dollars in 2020.

Million-plus begin hajj pilgrimage under shadow of Gaza war

More than a million Muslim pilgrims were in Mecca Friday for the start of a hajj pilgrimage held against the grim backdrop of the Gaza war and in exhausting summer heat.

Crowds of robed worshippers will circle the Kaaba, with many expressing sadness eight months into the Israel-Hamas war.

EBRD provides 45.5 mln euro loan to Eczacıbaşı

The European Bank for Reconstruction and Development (EBRD) has said it is supporting Morocco's hygiene products sector with 45.5 million euros of loan to Eczacıbaşı Consumer Products Maroc SARL (ECP Maroc).

It is the first cross-border acquisition financing package of its kind, the development bank said in a statement.

Scientists develop hydrogel to combat drought in Mediterranean vineyards

Researchers at Mersin University (MEÜ) have developed a hydrogel aimed at protecting Mediterranean vineyards from the effects of drought.

The innovation is part of an international project supported by the Scientific and Technological Research Council of Türkiye (TÜBİTAK) and dubbed VineProtect, a collaborative effort involving universities in Portugal, Italy, Morocco and Türkiye.

Morocco's farming revolution: defying drought with science

In the heart of sun-soaked Morocco, scientists are cultivating a future where tough crops defy a relentless drought, now in its sixth year.

"Look at these beautiful ears of wheat," said Wuletaw Tadesse Degu, the head of wheat breeding at the International Center for Agricultural Research in Dry Areas (ICARDA).