Investment Minister reviews Scatec renewable plans

The meeting between the Egyptian Minister of Investment and officials from the Norwegian company Statkraft discussed the company's current investments of $5 billion in Egypt and its plans to inject an additional $5 billion over the next two years in fields such as renewable energy, water desalination, and data centers. The minister emphasized that Egypt is investing in enhancing the business environment and opening growth opportunities in clean energy and green hydrogen sectors, aiming to make it a regional hub for energy and digital services.

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