Esmat affirmed Saudi Arabia's backing for the project, stating that progress continues on both ends in accordance with the agreed timeline.
Additionally, the source added that the first operation phase will start in July 2025, for $1.8 billion.
The project agreement with the Egyptian Electricity Transmission Company extends 25 years, with a total investment cost of SR 611 million.
Additionally, the importance of pumping new investments into several sectors was emphasized.
Al-Mashat is scheduled to participate in several high-level events, where she will participate in several discussion sessions on human capital, strengthening cross-regional collaboration for energy transition and global security and growth
