{"id":46912,"date":"2024-07-11T07:00:00","date_gmt":"2024-07-11T05:00:00","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&p=46912"},"modified":"2024-07-04T11:21:49","modified_gmt":"2024-07-04T09:21:49","slug":"egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/","title":{"rendered":"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0"},"content":"\n \n \n \nThe President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40 billion euros ($43 billion) with Egyptian companies in several sectors.\n\n \n \n\n\n \n \n \n“Our commitment to supporting Egypt in its reforms has already sparked action from the private sector. The response we have received since last March has been extraordinary. At this conference, European companies are signing more than 20 new contracts or memorandums of understanding with Egyptian partners, worth more than 40 billion euros”, declared the President of the European Executive at an EU-Egypt Investment Forum held in Cairo.\n\n \n \n\n\n \n \n\t\t\t\t\t\n\n\t\t \n \n\n\n \n \n \n“We have companies in sectors ranging from hydrogen to water management, from construction to chemicals, from maritime transport to aviation and automobiles. You cover all the priorities we have defined in our new partnership. And that’s essential,” she added.\n\n \n \n\n\n \n \n \nEgyptian President Abdel Fattah al-Sissi, who met with von der Leyen, pointed out that the EU-Egypt Investment Forum “comes at a critical time”, given the successive international and regional crises which, in his words, “require coordination between Europe and Egypt”.\n\n \n \n\n\n \n \n \nLast March, the EU had already announced a 7.4 billion financing programme for Egypt between now and the end of 2027 as part of a “strategic partnership agreement”, aimed in particular at stemming the flow of migrants crossing the Mediterranean. \u00a0\n\n \n \n\n\n \n \n\t\t\t\t\t\n\n\t\t \n \n\n\n \n \n \nIn a press release issued on the sidelines of the EU-Egypt investment forum, the European Commission stated that the macro-financial component represents “the vast majority of the EU’s financial support to Egypt, totalling 5 billion dollars”, out of the 7.4 billion euros announced in March. Macro-financial assistance (MFA) is aid that the EU provides to neighbouring countries facing serious balance of payments problems, in addition to aid from the International Monetary Fund (IMF).\n\n \n \n\n\n \n \n \nThe European funds come on top of the financial boosts Cairo has received since the beginning of the year, including a $35 billion investment from the United Arab Emirates and an additional $5 billion in loans from the IMF.\n\n \n \n\n","author":114,"featured_media":46906,"comment_status":"open","ping_status":"closed","template":"","tags":[6618,5801],"location":[5600],"class_list":["post-46912","news","type-news","status-publish","has-post-thumbnail","hentry","tag-companies","tag-environment","location-egypt"],"short_url":"https:\/\/bit.ly\/3XMALpi","have_related_news":"done","chapo":"The agreements between private European and Egyptian companies follow on from the \u20ac7.4 billion \"strategic partnership\" signed between Cairo and Brussels last March.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3-550x360.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3-550x360.jpeg 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.83,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3-792x658.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3-792x658.jpeg 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.83,"credit_photo":""},"acf":[],"yoast_head":"\nEgypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/\" \/>\n<meta property=\"og:site_name\" content=\"Ecomnews Med\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-04T09:21:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"665\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/\",\"name\":\"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med\",\"isPartOf\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#website\"},\"datePublished\":\"2024-07-11T05:00:00+00:00\",\"dateModified\":\"2024-07-04T09:21:49+00:00\",\"description\":\"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/www.ecomnewsmed.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#website\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/\",\"name\":\"Ecomnews Med\",\"description\":\"Semua informasi ekonomis dalam waktu singkat.\",\"publisher\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ecomnewsmed.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#organization\",\"name\":\"Ecomnewsmed\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png\",\"contentUrl\":\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png\",\"width\":250,\"height\":250,\"caption\":\"Ecomnewsmed\"},\"image\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med","description":"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/","og_locale":"en_US","og_type":"article","og_title":"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med","og_description":"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40","og_url":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/","og_site_name":"Ecomnews Med","article_modified_time":"2024-07-04T09:21:49+00:00","og_image":[{"width":800,"height":665,"url":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2024\/07\/EGYPTE-entreprises-europeennes-3.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/","url":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/","name":"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0 - Ecomnews Med","isPartOf":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#website"},"datePublished":"2024-07-11T05:00:00+00:00","dateModified":"2024-07-04T09:21:49+00:00","description":"The President of the European Commission, Ursula von der Leyen, announced on 29 June 2024 that European companies had signed agreements worth more than 40","breadcrumb":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ecomnewsmed.com\/en\/2024\/07\/11\/egypt-european-companies-sign-e40-billion-worth-of-contracts-with-egyptian-firms-in-the-hydrogen-water-and-chemical-sectors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.ecomnewsmed.com\/en\/"},{"@type":"ListItem","position":2,"name":"Egypt: European companies sign \u20ac40 billion worth of contracts with Egyptian firms in the hydrogen, water and chemical sectors\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/www.ecomnewsmed.com\/en\/#website","url":"https:\/\/www.ecomnewsmed.com\/en\/","name":"Ecomnews Med","description":"Semua informasi ekonomis dalam waktu singkat.","publisher":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ecomnewsmed.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ecomnewsmed.com\/en\/#organization","name":"Ecomnewsmed","url":"https:\/\/www.ecomnewsmed.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png","contentUrl":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png","width":250,"height":250,"caption":"Ecomnewsmed"},"image":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/news\/46912"}],"collection":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/comments?post=46912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/media\/46906"}],"wp:attachment":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/media?parent=46912"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/tags?post=46912"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/location?post=46912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}