Oman and Egypt plan to explore renewables and hydrogen partnerships: Oman’s Sultan Haitham bin Tarik landed in Egypt yesterday for a two-day visit where he is expected to discuss with President Abdel Fattah El Sisi potential renewables and green hydrogen partnership agreements during the Omani-Egyptian Business Forum, according to the Oman News Agency. Oman will promote potential investments in both sectors during the high level meeting in a bid to finalize several agreements and MoUs, the news agency notes.
Egypt luring in India for its EV market: Egypt’s Trade and Industry Minister Ahmed Samir met with representatives from India’s Hinduja Group and Motherson Group to discuss setting up projects by the two companies in manufacturing electric vehicles and spare parts, according to a statement released on Saturday. Hinduja’s International Operation CEO Amandeep Singh said his company is currently exploring the possibility of establishing a factory in Egypt to serve as a manufacturing and export hub in the Middle East and Africa.
REMEMBER- India has been showing interest in Egypt’s nascent EV industry, with Indian commercial vehicle maker Ashok Leyland saying recently that it is interested in cooperating with Egypt’s state-owned El Nasr Automotive Manufacturing Company to manufacture commercial EVs in Egypt.
The UAE and Italy discussed boosting mutual investments in renewable energy during a meeting in Milan, Wam reported on Thursday. UAE Economy Minister Abdullah bin Touq Al Marri discussed potential investments in renewable energy, logistics, and supply chains with Italian officials in addition to boosting cooperation in climate change, sustainable agriculture, food security and other fields of mutual interest.
REMEMBER- Italy is strengthening ties with the Emirates ahead of COP28: Italy and the UAE announced in March a declaration of intent to boost strategic cooperation between the two countries at the Dubai-hosted COP28 later this year. The strategic partnership would allow both countries to expand cooperation in sustainability, food and water security, renewable energy and clean technologies.
OTHER CLIMATE DIPLO STORIES WORTH KNOWING ABOUT-
- South Korea is interested in cooperating with Egypt in renewable energy and green hydrogen projects in the country. (Statement)