Updated Automotive Industry Development Program slashes local component ratios
The minimum local component ratio for fossil fuel cars was reduced by more than half to 20%
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The minimum local component ratio for fossil fuel cars was reduced by more than half to 20%
Available funding only amounts to USD 76 bn, leaving a financing gap of USD 248 bn
Unlocking green infrastructure potential in Egypt will count on PPP innovation, blended finance, and investor-friendly reforms
Egypt’s first nuclear plant is expected to cost USD 28.8 bn
The government is looking to expand its nature reserves area to 22%
The first phase is slated to begin operations in 1H 2026
Over the past five years, the private sector received over USD 15.6 bn in concessional funding
Sharm El Sheikh’s inclusion in the network has a lot more behind it than just hosting COP27 in 2022
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