Egypt's President Abdel Fattah El-Sisi and Kenyan counterpart William Ruto have signed 12 joint agreements to boost bilateral ties and expand cooperation in various sectors.

Egypt has signed two agreements to build a 500-megawatt wind farm in the Gulf of Suez, with investments estimated at $600 million.

Abu Qir Fertilizers has signed three major agreements to enhance sustainability, reduce carbon emissions, and improve energy efficiency.

The Egyptian cabinet has approved a draft presidential decree for the EU Support to the Next Generation agreement, focused on backing child protection systems in Egypt with by an €8 million grant from the European Union (EU).

The National Telecommunication Institute (NTI) has signed two cooperation agreements with IT services providers CyberX and BARQ Systems in the field of cybersecurity.

Egypt has signed two agreements worth a combined $340 million with Shell Egypt and Cheiron Energy to boost oil production at the Mediterranean and the Gulf of Suez.

Egypt has signed a total of 29 agreements and memoranda of understanding (MoUs) worth €49 billion with the companies affiliated with the European Union (EU) during the Egypt-EU Investment Conference.

Egypt has signed two agreements worth a total of €621 million with the European Investment Bank (EIB) and the SPE Capital Fund to boost green sustainable industries (GSI) and enhance equity investments in companies.

Minister of International Cooperation Rania Al-Mashat has signed eight non-refundable development grant agreements worth $130 million from the US Agency for International Development (USAID) with the US Ambassador to Egypt Herro Mustafa Garg.

Egypt and Equatorial Guinea have signed three agreements in several fields.

The cabinet has approved completing the procedures needed for signing agreements on the implementation of a 500-megawatt (MW) wind farm in the Gulf of Suez region.

The Egyptian House of Representatives has approved four grant agreements worth $61.7 million between the Ministry of International Cooperation and the US Agency for International Development (USAID) in strategic fields of top priorities in Egypt.

The Egyptian Natural Gas Company (GASCO) has signed two cooperation agreements with RINA, CHIYODA Corporation, and Axens in the field of carbon emissions reduction.

Egypt and the UAE signed a complementary protocol in mid-February to eliminate double taxation. The signing took place in Dubai on the sidelines of the 8th Annual Arab Fiscal Forum. In this Factsheet, we will give a brief overview of different double taxation avoidance agreements and their importance in attracting more investments. In addition, we will analyze the government’s tax revenues in the first half (H1) of fiscal year (FY) 2023/24.

The Egyptian House of Representatives has authorized two $460.4 million financing agreement between the Egyptian government, the Export-Import Bank of Korea (Korea Eximbank), and the Islamic Development Bank (IsDB) and its institute (IsDBI) in the field of sustainable transport and development.

Egypt will seal project agreements to reduce carbon emissions in the industrial sector with investments of up to $270 million, Minister of Environment Yasmine Fouad said.

The Egyptian National Authority for Tunnels (NAT) has signed a 15-year agreement with the National Egyptian Railway Industries Company (NERIC) to manufacture 500 railcars.

The Suez Canal Economic Zone (SCZONE) has signed three framework agreements with the industrial developer TEDA-Egypt worth $755 million in investments to expand the latter’s business.

Cairo Airport Company has signed a framework agreement with China State Construction Engineering Corporation - Egypt (CSCEC-Egypt) to develop Cairo International Airport.

Edita Food Industries has signed loan agreements to secure two seven-year medium-term loans worth a total of EGP 390 million.