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Germany

Egypt & Germany to hold joint economic committee in 2025

El Khatib highlighted the Egyptian government’s recent reforms aimed at improving the business environment, including streamlining investment procedures, providing incentives, and removing barriers for foreign investors

Egypt to receive €30M from PtX development fund to support hydrogen projects

The project is expected to create 1,330 job opportunities during the construction, operation, and maintenance phases.

Egypt & Bavaria sign joint declaration to boost cooperation in hydrogen sector

This was in the presence of Egypt’s Prime Minister, Mostafa Madbouly, and Bavarian State Prime Minister, Markus Soder.

11% increase in value of Egypt’s exports to Germany during H1 of 2024 | CAPMAS

While the volume of Egyptian imports from Germany reached $2 billion during the first half of 2024, compared to $1.9 billion during the same period in 2023, an increase of 5.3%.

MoIC signs 2 financing agreements with German KfW bank worth €76M

The first agreement, valued at €53 million, comprises of concessional development financing as well as a grant for the smart grid development project under the Ministry of Electricity and Renewable Energy