The Egyptian Prime Minister, Mostafa Madbouly, announced the signing of 35 agreements and memoranda of understanding worth €67.7 billion with European companies and institutions at the Egyptian-European Investment Conference held in Cairo. The conference, attended by high-level officials including Egyptian President Abdel Fattah al-Sisi and European Commission President Ursula von der Leyen, aimed to strengthen cooperation between Egypt and European entities. Prime Minister Madbouly expressed optimism about the future of collaboration, highlighting the importance of supporting joint projects. Noteworthy agreements included initiatives in green hydrogen, electric vehicles, infrastructure, sustainable transportation, and information and communication technology, which underline a commitment to sustainable development. The positive sentiment towards hydrogen was evident in the focus on green hydrogen projects. The announcements reflect the ongoing positive developments in Egypt-EU relations, with a recent political declaration elevating the partnership to a comprehensive strategic level. The EU's commitment to providing a significant financing package to Egypt further signifies the growing cooperation between the two sides. The success of the conference was marked by the substantial agreements signed, with plans for the event to be held annually to continue fostering collaborative efforts.