Egypt to inaugurate major wind farm project to produce electricity

Egypt’s Ministry of Electricity and Renewable Energy said it will inaugurate one of the largest wind power farms in the world. (File photo: Reuters)
Updated 25 June 2018

Egypt to inaugurate major wind farm project to produce electricity

CAIRO: Egypt’s Ministry of Electricity and Renewable Energy said it will inaugurate one of the largest wind power farms in the world.
The step, reported by the state-run Al-Ahram newspaper, is part of Egypt’s efforts to increase electricity production by using renewable sources.
The farm, located in the Gabal El-Zeit area, in Egypt’s Red Sea governorate, will have an overall capacity of 580 megawatts (MW).
The farm consists of three projects with a total of 300 wind turbines.
The project was launched in 2015 and has cost 12 billion Egyptian pounds (approximately $625 million).


Malaysia to study impact of India’s planned trade action

A truck carrying oil palm fruits passes through Felda Sahabat plantation in Lahad Datu in Malaysia's state of Sabah on Borneo island, February 20, 2013. (REUTERS)
Updated 14 October 2019

Malaysia to study impact of India’s planned trade action

  • Malaysia’s key imports from India include petroleum products, live animals and meats, metals, chemicals and chemical products

KUALA LUMPUR: Malaysia’s Prime Minister Mahathir Mohamad said his government will monitor the trade situation with India, which is reported to be considering trade curbs on the Southeast Asian nation over his criticism of actions in Kashmir, news wire Bernama reported.
Government and industry sources told Reuters last week that New Delhi is looking for ways to limit palm oil imports and other goods from Malaysia, in retaliation for Mahathir’s speech at the United Nations in September when he said India had “invaded and occupied” Jammu and Kashmir. Malaysia had said it did not receive “anything official” from India.
Mahathir said on Sunday his government will “study the impact of the action taken by India,” the government-owned Bernama said.
“They are exporting goods to Malaysia too. It’s not just one-way trade, it’s two-way trade,” Mahathir was quoted as saying in the report.
India is the world’s biggest importer of edible oils, and is the biggest buyer of Malaysian palm oil. It bought 3.9 million tons of Malaysian palm oil in the first nine months of 2019, according to data compiled by the Malaysian Palm Oil Board.
Malaysia’s key imports from India include petroleum products, live animals and meats, metals, chemicals and chemical products.