The EU and Egypt have strengthened their partnership by signing agreements worth €40 billion to promote renewable energy, hydrogen, and other sectors, aiming to advance the energy transition and support various industries. During the EU-Egypt Investment Conference, key agreements were made to drive economic reforms and attract European investment in strategic areas. Companies like BP, Voltalia, Scatec, and EDF Renewables have entered partnerships to develop green hydrogen and ammonia projects in Egypt, focusing on large-scale production capacities through innovative technologies powered by renewable sources. These initiatives are expected to enhance Egypt's competitiveness, promote sustainability, and drive the green transition in the country. Additionally, the European Investment Bank's commitment to providing long-term financing for renewable hydrogen and ammonia projects underscores the support for sustainable energy development in Egypt.