The Egypt-EU Investment Conference held in Cairo featured the signing of agreements worth billions of dollars for renewable energy projects. One significant agreement involved a mega project in Gargoub, west of Matrouh, for the production of green hydrogen and green ammonia, requiring a total investment of €24 billion. Another project in Ras Shukeir on the western shore of the Gulf of Suez will produce 1 million tons of green ammonia annually, with investments totaling €7 billion. Additional projects in Damietta and Sokhna focused on green ammonia and green hydrogen production, emphasizing renewable energy sources like solar and wind power. The conference, inaugurated by President Abdel-Fattah El-Sisi and Ursula von der Leyen, President of the European Commission, explores the role of renewable energy in Egypt's future, with discussions on the green economy and circular economy. The event brings together government officials, industry experts, and business leaders to discuss investment opportunities and economic reforms. Topics such as financial mechanisms for investment, technology, food and water security, and entrepreneurship are also central to the conference, reflecting a positive sentiment towards sustainable development and collaboration between Egypt and the EU.