Egypt is set to begin negotiations with the European Union in April 2025 to secure financial support amounting to €4 billion for its national budget, according to Dr. Rania Al-Mashat, …
Renewable Energy
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EconomyHighlights
$4.2 Billion in Financing from International Institutions for Egypt’s Private Sector: Planning Min.
Egypt’s Ministry of Planning, Economic Development, and International Cooperation has announced that development financing for the local and foreign private sector in the country reached a substantial $4.2 billion by …
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Rolls-Royce has announced the successful commissioning of ten mtu gas-powered gensets at the Egyptian Wood Technology Company (WOTECH) production plant in Beheira, northern Egypt. These gensets will provide the facility …
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HighlightsNews
Egypt’s Environment Minister Discusses with Egypt for Sustainable Development Authority Utilizing Agricultural Waste for Sustainable Development
Dr. Yasmine Fouad, Minister of Environment, received Dr. Bahaa El Ghanam, Head of the Future of Egypt for Sustainable Development Authority, to discuss cooperation in boosting environmental and climate investment, …
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Economy
Germany Supports Egypt’s Green Energy Transition with Concessional Loans at One-Tenth of Market Rates
Germany supports Egypt’s transition to a green economy by offering concessional loans at just one-tenth of current market rates. In an interview with Daily News Egypt, German Ambassador to …
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HighlightsNews
Egypt’s Environment Min. Leads Discussion on Post-COP29 Climate Action at Preparatory Event for World Environment Day 2025
Egypt’s Minister of Environment, Dr. Yasmine Fouad, recently participated in a preparatory seminar for World Environment Day 2025, focusing on the theme, “What’s Next After COP29? Correcting the Path of …
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HighlightsNews
Energy Day Conference To Kick off on February 2, 2025: USAID’s Centre of Excellence for Energy
Dalia El-Tayeb, the Regional Director of USAID’s Centre of Excellence for Energy (COEE), highlighted the immense potential for renewable energy production in Egypt. Egypt’s renewable energy sector, aligns with the …
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The European Bank for Reconstruction and Development (EBRD) has committed a $275 million syndicated loan to fund the construction and operation of Africa’s largest wind farm in Egypt’s Gulf …
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EconomyHighlights
Egypt Unveils Ambitious Plan to Boost Investment Climate: El-Sisi Addresses Norwegian Leaders
During a landmark dinner with Crown Prince Haakon of Norway, President Abdel-Fattah El-Sisi highlighted Egypt’s ambitious plan to improve its investment climate and encourage private sector involvement in driving …
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HighlightsWomen on TopWomen’s Achievements
Ola Balbaa, the only Egyptian among the Top 100 Brilliant Women in Renewable Energy
Ola Balbaa, a seasoned Wells Engineer at BP and TOP 50 Women Forum’s member, was nominated as one of the Top 100 Brilliant Women in Renewable Energy for 2024. …
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