TAG: " Mostafa Madbouly "

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Egypt Lowers 2040 Renewable Energy Target

Egypt reduced its renewable energy goal for 2040 from 58 percent to 40 percent, prioritising natural gas as a key energy source. Petroleum Minister Karim Badawi emphasised the need for collaboration and investment to boost natural gas production and exploration efforts.

Mostafa Madbouly | October 22, 2024 | By EI News Network 1024

Saudi Arabia Commits USD 5 Bn to Egypt, Focusses on RE and EV

Saudi Crown Prince announced a USD 5 billion investment in Egypt, focussing on renewable energy, food security, and electric vehicle production. The meeting emphasised boosting investments and overcoming obstacles and strengthening bilateral relations.

Mostafa Madbouly | September 19, 2024 | By EI News Network 762

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