President Abdel Fattah al-Sisi signed on Wednesday 5/2/2025 Law No. 1 of 2025 authorizing the minister of finance, on behalf of the government, to guarantee Egypt Aluminum Company, an affiliate of the Metallurgical Industries Holding Company, in implementing its commitments.
The authorization aims at guaranteeing the company’s implementation of its financial commitments in line with the energy purchase agreement (PPA) between Egypt Aluminum Company and Norway’s Scatec Company which carries out a P2P system project in Egypt.
The law was published in the official gazette on Wednesday5/2/2025.
President al-Sisi Signs Law to Authorize Finance Minister to Guarantee Egypt Aluminum Company Egypt Independent.
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