MOU
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba attended Monday the signing of an MoU between Benya, Khazna Data Centers, and Maadi Technology Park.
This comes after the stock exchange’s recent announcement of launching Africa’s first regulated voluntary carbon market.
This came at the final day of the Egyptian Petroleum Show (EGYPS 2023).
It aims to deepen cooperation between Egypt and Romania in projects to develop the infrastructure for transporting natural gas, as well as to exchange knowledge, skills and technical expertise, EGAS Executive Managing Director Magdy Galal said.
Egypt’s Prime Minister Mostafa Madbouli attended Monday the signing ceremony of MoUs with each of the Palestinian and Somali governments to promote cooperation in the information and communications technology (ICT) and postal sectors.
The memo also covered other fields such as building human abilities, development of skills, industrial intelligence, e-learning, digital inclusion and international infrastructure, said a statement issued by the ministry.
The Ministry of Health and Population and the International Organization for Migration (IOM) signed the MoU Wednesday.
The MoU aims at achieving sustainable digital operational excellence for Egyptian government institutions and transforming them into smart institutions based on modern, environmentally friendly technology.
This took place on the sidelines of the meetings of the 27th Conference of the States Parties to the United Nations Framework Convention on Climate Change (COP27), held in Sharm El-Sheikh.
The MoU was signed by CBE Governor Hassan Abdallah and Secretary General of the African Development Bank Vincent Nmehielle, CBE said in a statement.
The MoU aims to expand the scope of the existing cooperation between the government and the company during the coming period.
The international consortium includes the British Globeleq Company, the Saudi Alfanar Company, the Emirati Alcazar Energy Company, the Emirati K & K Company, and the American-Egyptian MEP Energy Company.
The ministry added the authority inked an agreement with the American Chamber of Commerce in Egypt to cooperate in training and building capabilities of human cadres in the mining sector.
The agreements were signed in Muscat, in addition to an initialing of the mutual recognition of the marine qualification certificates for navigators and the work of the Nuba issued by the two countries.
Chevron Corporation, which is an American multinational energy corporation, plans to drill its first exploration well in its concession area in the Mediterranean Sea next September.
The MoU was signed by Yehya Zaki, Head of the Suez Canal Economic Zone, and Michael Stoch, CEO of H2 Industries, to establish a plant for converting waste into green fuel in East Port Said, with a production capacity of 300,000 tons per year of green hydrogen.
The two parties will use their resources and expertise to meet the diversified demand of these vital sectors, and to better exploit their enormous potential.
The MoU is concerned with high-level political consultation on the bilateral relations and regional and international issues of mutual concern, the Egyptian Foreign Ministry said in a statement.
The Memoranda of Understanding are aiming to establish projects to produce green fuel and green ammonia in the Sokhna.
The first MoU was signed by Abdel Qader Darwish, Chairman of the Egyptian Group for Multi-Purpose Terminals, and Saif Al Mazrouei, Head of the Transport Sector at Abu Dhabi Ports Group.
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