The Egyptian Minister of Petroleum and Mineral Resources, Eng. Karim Badawi, oversaw the signing of a grant agreement worth 30 million euros from the German government towards the Egypt Green Hydrogen Project. The ceremony took place at the Hamburg Sustainability Conference in Hamburg, Germany. The project, a collaboration between Norwegian company Scatec, Fertiglobe, Orascom Construction, Egyptian Sovereign Fund, Egyptian Electricity Transmission Company, and Power2X D&G GmbH, aims to advance green hydrogen production in Egypt. Minister Badawi emphasized Egypt's potential to lead in renewable energy and green hydrogen, highlighting the country's ambitions to become a key player in this sector globally. The significance of the grant agreement and cooperation with partners, particularly in the energy field, was underscored as crucial for supporting green hydrogen and ammonia projects in Egypt. The government's commitment to fostering coordination among various sectors to realize Egypt's vision of becoming a regional green hydrogen hub was also emphasized during the signing ceremony.