During a two-day conference in Egypt, the European Investment Bank (EIB) committed €600 million in new finances, focusing on sectors like renewable energy and green transition. Significant agreements were made for green hydrogen production, with partnerships aiming to establish Egypt as a hub in this field. Projects for green ammonia production worth billions of dollars were also signed with various companies like British Petroleum and MASDAR. Additionally, development grants were secured from the EU and other partners to support initiatives in youth employment, child protection, and grain storage. The agreements aim to boost Egypt's economy, promote sustainability, and enhance various sectors through strategic investments.