Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
Think Big to expand into Middle East, Arab Gulf
Think Big for Shipping and Logistics plans an ambitious expansion into the Middle East and Arab Gulf regions, building on its previous successes in the United States, Germany, South Africa, and Senegal. Mohamed Kamal, Chairperson of Think Big, stated that
ProLogium and FEV Group showcase silicon composite anode for EVs
Lithium ceramic battery (LCB) developer ProLogium Technology has introduced a new silicon composite anode battery, which Germany’s FEV Group is using to develop a next-generation battery pack. According to
Mercedes and ROHR collaborate on EV for refueling helicopters
Mercedes-Benz Special Trucks and Germany-headquartered specialized vehicle manufacturer ROHR Spezialfahrzeuge have partnered to produce the Mercedes-Benz eEconic helicopter refueling tanker, which has been deployed by Airbus Helicopters in
Saudi Arabia ranks 2nd among Egypt’s trading partners in Q1 2024
The Central Bank of Egypt (CBE) said that the Kingdom of Saudi Arabia ranked second among Egypt’s top trading partners until the end of the first quarter (Q1) of 2024, with trading worth $5.209bn, including $3.871bn imports and$1.338bn exports.
Egypt recovers 3 artefacts from Germany
The Egyptian authorities have recovered three artefacts from Germany. A delegation from the German Ministry of Culture and Media handed these artefacts over to the Egyptian Embassy in Berlin, and they will soon return to Egypt. Minister of Tourism and
Al-Mashat calls for expanding just financing for developing countries
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, has called for expanding just financing for developing countries to help with their development and climate change efforts. This came as she participated as a keynote speaker in the
Egypt, Germany sign €30m grant for green hydrogen project
Egypt and Germany have strengthened their bilateral cooperation with the signing of a €30m grant agreement for a green hydrogen project. The agreement was signed during a meeting between the Egyptian Minister of Planning, Economic Development, and International Cooperation Rania
EU votes for China EV tariffs despite protests from Germany and others
EU votes for additional tariffs on Chinese EVs despite opposition from Germany, fearful of the impact on their car makers in the China market.
The post EU votes for China EV
EU Approves New Tariffs On Chinese Cars Over Germany’s Strong Objection
The European Union has voted to impose higher tariffs on cars made in China although both sides say talks will continue.
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