#egypt-eu
Egypt's sovereign fund has signed four agreements totaling USD 33 billion (EGP 1.5 trillion) in green ammonia projects with European developers, according to a cabinet statement released on Sunday, 30 June. The agreements were signed during the Egypt-EU Investment Conference in Cairo, with Prime Minister Mostafa Madbouly, Egyptian Minister of Electricity and Renewable Energy Mohammed Shaker Al-Marqabi, and Minister of Planning and Economic Development Hala El-Said in attendance. The first agreement was signed with DAI Infrastructure, a Frankfurt-based infrastructure…