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Kenya Signs Deals To Import Fossil Fuels On Credit For 6 Months To Relieve Pressure On Demand For Foreign Currency

CleanTechnica EVs

MARCH 17, 2023

Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar […]

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United Arab Emirates Kenya Saudi Arabia UAE 101
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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

NOVEMBER 3, 2023

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% of the passenger-vehicle marketplace. Marques like MG are seeing fast growth in the UAE, posting an 86% surge in the first three months of this year, according to local media reports.

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Saudi Arabia Chinese Asia Oil 52
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