Roundup: Egypt signs deals to boost production of green energy


CAIRO, April 20 (Xinhua) -- Egypt has signed on Wednesday two major commercial agreements to boost the country's production of green ammonia in the Ain Sokhna region of Suez province, east of capital Cairo, as the country aspires to upgrade its environment-friendly industry.

The Egyptian cabinet said in a statement that the Suez Canal Economic Zone (SCZone) signed a memorandum of understanding (MoU), worth 3 billion U.S. dollars, with a consortium of EDF Renewables and ZeroWaste for the production of 350,000 tonnes of ammonia annually.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

France's Macron calls for calm ahead of march for far-right activist killed last week
Two soldiers, five militants killed in Bannu, Pakistan army says
Ukrainians, scattered across Europe, trapped in limbo by war
Macron says US Supreme Court tariff ruling shows it is good to have counterweights to power in democracies
Analysis-Trump pushes US toward war with Iran as advisers urge focus on economy
Trump meets Vietnam leader, vows to remove Hanoi from restricted lists
Analysis-Supreme Court checks Trump's expansive view of executive power
Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
US says it struck vessel in the eastern Pacific, killing three men
1st LD: Trump says he will sign order imposing 10 pct global tariff

Others Also Read