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Wednesday, 7 March 2018

On the horizon

Infinity Solar is scheduled to inaugurate its 50 MW solar power plant in Benban, Aswan next week, Al Borsa reports. Infinity has already conducted trial operations and connected the plant to the national grid, making it the first company to complete a solar power plant under the feed-in tariff program, according to CFO Mohamed Shehata. Electricity Minister Mohamed Shaker is expected to attend the inauguration.

Verdict coming in anti-Uber, Careem lawsuit: The Administrative Court will issue a verdict on 20 March in the case filed by 42 taxi drivers demanding that local operations for ride-hailing services Uber and Careem be shut down.

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