Egypt signs two MOUs for developing green fuels

In Egypt, Prime Minister Dr. Mostafa Madbouly witnessed the signing ceremony for two Memoranda of Understanding promoting green fuels in the Suez Canal Economic Zone. 

The first MOU is among the General Authority of Suez Canal Economic Zone, the Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, the Authority of New and Renewable Energy, and EDF Renewables and Zero-Weste Egypt Alliance.

The second MOU is among the Egyptian government parties and AMEA Power UAE which is affiliated with Al Nowais Group. The Memoranda of Understanding are aiming to establish projects to produce green fuel and green ammonia in the Sokhna. The signing ceremony is held in the presence of Dr. Mohamed Shaker Al-Marqabi, Minister of Electricity and Renewable Energy, and Dr. Hala Al-Saeed, Minister of Planning and Economic Development.