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Orascom Development Holding AG: Orascom Development Egypt receives notice of compensation claim from Ministry of Environment

Nachricht vom 03.08.2021 | 07:00
Orascom Development Holding AG: Orascom Development Egypt receives notice of compensation claim from Ministry of Environment
Orascom Development Holding AG / Key word(s): Miscellaneous/Miscellaneous
03-Aug-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Press Release
Orascom Development Egypt receives notice of compensation claim from Ministry of Environment
Altdorf, 3 August 2021 - Orascom Development Holding s (ODH) Egyptian subsidiary Orascom Development Egypt (ODE) has received notice from the Environment Protection Agency, a department of Egypt s Ministry of Environment, of a claim for environmental compensation in the amount of USD 33.9 million in relation to ODH s Egyptian destination El Gouna. ....

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How drylands contribute to economic development

An expert argued that there is a need to debunk myths about dryland regions across the world. ....

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World Environment Day 2021: Restoring ecosystem and recovering from Covid-19, too

The health of the planet and the health of people are like two sides of the same coin. Degradation increases human-wildlife conflicts and has been linked to outbreaks of animal borne diseases such as Covid-19,. ....

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Helios Towers back Mount Kilimanjaro tree planting campaign

TIGO Green for Kili campaign which seeks to plant over 28,000 trees at the foot of Mount Kilimanjaro to restore its virginity and help reclaim its thawing ice cap has received 7,000 tree seedlings from Helios Towers Tanzania Limited. ....

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'There's no rain': Climate change threatens Iraq's Bedouins | Middle East News

Al Bussaya, Muthanna Province, Iraq – The wind whipped relentlessly across the open deserts of Muthanna province as Ali Thajeel moved his camel herd along the rugged plains in search of greenery.
Decades ago, he remembered, April was a time when the sandy soil turned into grazing land to allow his livestock to gain weight ahead of the scorching summer heat. But in recent years, his camels had to make do with scattered patches of scruffy grass.
“There’s no rain, and the land is dry. The grass has turned into desert. We have to sell some animals to buy food for the rest. This is what life has become,” said Thajeel, his kaffiyeh pulled tightly across his face to shield it from the dry, dusty air. ....

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