The Sovereign Fund of Egypt (SFE) will sign 3-4 green hydrogen production projects in the upcoming period, SFE CEO Ayman Soliman said yesterday, without disclosing further details, Bloomberg Asharq reported. Our first-ever green hydrogen facility is currently being built in Ain Sokhna by a consortium comprising Norway’s Scatec, Orascom Construction, Nassif Sawiris-backed Fertiglobe, and the SFE. Other companies are reportedly interested in setting up hydrogen facilities in Egypt, including Siemens, Eni, General Electric and ThyssenKrupp.

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