The EU-Egypt Investment Conference, co-organized by the EU and the Government of Egypt, resulted in the signing of a Memorandum of Understanding (MoU) for up to EUR 1 billion in Macro-Financial Assistance to Egypt. This marked the first concrete step of the Strategic and Comprehensive Partnership established between the EU and Egypt, highlighting Egypt's strategic importance. The conference emphasized Egypt's economic reforms geared towards attracting more EU investments, particularly in sectors like renewable hydrogen production, circular economy, and sustainable agriculture. Private investment agreements worth EUR 40 billion are anticipated, focusing on renewable energy and hydrogen sectors. Additionally, the EU and Egypt are collaborating on projects such as the Green Sustainable Industry program and financing agreements to enhance youth employability, manufacturing capacities, and sustainable development. The partnership aims to boost regional stability and economic growth in Egypt.