Hatem Tawfik

178 West Arabella, New Cairo

11700 Cairo

Egypt

Egypt approves €7M EU grant to for green development

The grant and the broader EFSD+ mechanism are designed to address critical development needs while encouraging private sector involvement.

This is expected to fast-track gold exploration efforts nationwide while reinforcing investor confidence in the country's mineral potential.

The gains were attributed to higher production volumes and stronger export performance, according to his statement on Facebook.

The expansion is expected to create 500 new direct job opportunities and produce 20,000 tons of processed plastic waste annually.

The car carrier is 219 meters long, 37 meters wide, and has a draft of 10 meters. It has a capacity of 9,442 cars and was carrying 7,000 on board.

Energy Events

EGYPES 30.03.2026

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