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Urgent! Egypt Secures New $700 Million Financing from World Bank
2024/06/24

Urgent! Egypt Secures New $700 Million Financing from World Bank

The World Bank Group's Board of Directors has approved a $700 million loan to the Egyptian government under the Development Policy Financing (DPF) program to...

MoU signed with "Carbon Limits" Norway to develop oil sector emissions reduction strategies
2024/05/12

MoU signed with "Carbon Limits" Norway to develop oil sector emissions reduction strategies

Following the global movement towards environmental protection, resource optimization, and developing energy transition strategies, Egypt's "Center of Excellence for Energy Transition," affiliated with the petroleum...

Saudi Arabia discusses challenges to boosting green energy presence
2024/04/28

Saudi Arabia discusses challenges to boosting green energy presence

Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, has highlighted the challenges and opportunities facing the Kingdom's transition to green energy.

$15 bln in Green Hydrogen Investments in Tarboul Industrial City
2024/04/25

$15 bln in Green Hydrogen Investments in Tarboul Industrial City

Minister of Planning and Economic Development, Dr. Hala El-Said, has called for a study exploring potential collaboration between the sovereign fund and Tarboul Industrial City...