Egypt is making strides towards boosting its renewable energy sector and positioning itself as a major player in the global green hydrogen market. The partnership between Egypt's General Authority for Investment and Free Zones and Polish energy company Hynfra to construct a green ammonia plant stands as a significant development. The initial phase of the project, requiring a $1.6 billion investment, aims to produce between 100,000 and 400,000 tonnes of ammonia annually by 2030, with a long-term goal of reaching 1 million tonnes. This initiative aligns with Egypt's hydrogen strategy, which envisions the country capturing a notable portion of the global hydrogen market by 2040, potentially increasing the GDP by $10-18 billion. Furthermore, Saudi Arabia's Acwa Power is also entering the scene, with plans to invest $15 billion in Egypt over the next six years for a green ammonia plant expected to be operational by 2028. This project, along with Hynfra's endeavors, contributes to Egypt's ambition of attracting $60 billion in investments to become a prominent hub for green hydrogen and green ammonia production. The use of renewable energy sources such as solar and wind to power these plants reflects a shift towards sustainable practices and signifies a positive trajectory for Egypt's economy and environmental efforts.