Esmat noted that Egypt's strategy focuses on effectively managing and maximizing the benefits of its natural resources while aiming to reduce carbon emissions and promote green energy.
Trading commenced today, August 13th, with the market regulated and monitored by financial authorities in both Egypt and Africa.
Highlighting Egypt's strategy to increase the share of renewable energy in its energy mix, Esmat emphasized the role of private sector involvement and government support in diversifying electricity sources
The government is footing a significant part of the bill for the new vehicles, providing participants with current-year models at below-market prices as well as a 7- and 10-year installment plan with a 3% flat annual interest rate
El Molla emphasized Egypt's commitment to developing a diverse energy portfolio, integrating both renewable sources and traditional fuels to enhance energy security
