cairo, gmt + 2
Sun, 17 Oct 2021 - 02:36 GMT
Mulla noted in a panel discussion held by the Egyptian Petroleum Association that Octane 80 is no longer considered a good-quality fuel.
The international community and financial institutions should assume a bigger role in funding mega infrastructure projects through soft loans and blended and innovative financing, Minister of International Cooperation Rania el-Mashat said Friday.
The Egyptian exports in the first half of 2021 were topped by cast iron and iron and steel with an increase of 472.4% at a value of €145.3 million.
The government prioritizes policies that support the green economy, the minister said.
According to MoU, the submarine electric cable will provide a direct link for the exchange of electricity between the two countries and extends to the market of the European Union.
The benchmark EGX30 hiked 1.05 percent, or 114.19 points, to end at 10,995.59 points.
The agreement was signed between Egypt’s Sovereign Fund, the Norwegian company “Scatec” for renewable energy, and the Vertglobe company owned by the Dutch “Orascom” and the UAE “ADNOC”.
As per the agreement, Scatec will build and operate the facility to produce green hydrogen with quantities ranging from 50 to 100 megawatts.
Maait indicated in a statement, Thursday, that this certificate confirms that 90 percent of the foreign investors who were surveyed supported Egypt's entry into the "J.P Morgan"; To become one of only two countries in the Middle East and Africa in this index.
The estimated weight of Egypt in the index will be about 1.85 percent.
The T-bills were offered in two installments, with the first valued at LE 3 billion with a 182-day term.