Egypt signs renewable energy agreements worth $83 bln ...Egypt

Minister of Planning and Economic Development Hala al-Saeed witnessed the signing of a number of agreements and cooperation protocols between the Sovereign Fund of Egypt and a number of developers on Tuesday, worth US$83 billion in the renewable energy sector. The agreements were signed on the sidelines of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), hosted in Sharm el-Sheikh from November 7 to 18. Saeed said that the Sovereign Fund of Egypt represents an important investment arm for the Egyptian government, adding that its role is to search for and study available investment opportunities and turn it into a good investment product to be

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