By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Egypt deepens economic ties with Norway
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > Egypt deepens economic ties with Norway
World News

Egypt deepens economic ties with Norway

By admin 3 Min Read
Share
SHARE

Contents
Norway-Egypt energy partnership grows after El-Sisi’s visitDutch development

Egypt’s Minister of International Cooperation Dr Rania Al-Mashat. Credit: Phil Pasquini, Shutterstock

Egypt is stepping up international cooperation efforts, announcing new joint initiatives with Norway and the Netherlands during the G20 Development Working Group Ministerial Meeting held in South Africa from July 20 to 25, 2025.

Egypt’s Minister of International Cooperation Dr Rania Al-Mashat said the partnerships – particularly in green hydrogen and entrepreneurship – aim to boost investment, regional stability, and job creation in line with Egypt’s Vision 2030.

Norway-Egypt energy partnership grows after El-Sisi’s visit

Egyptian-Norwegian relations received a significant boost following President Abdel Fattah El-Sisi’s state visit to Norway in December 2024.

During bilateral talks with Norway’s Minister of International Development, Åsmund Aukrust, Dr Al-Mashat highlighted their cooperation in industries such as:

  • Renewable energy and green hydrogen
  • Oil, gas, and maritime transport
  • Fisheries and aquaculture

She stated: “The historic presidential visit to the Kingdom of Norway provided a strong impetus for joint economic relations, especially in green hydrogen projects.”

Dr Al-Mashat confirmed that Egypt is keen to “provide all incentives for investments by Norwegian private sector companies,” particularly in green transformation sectors. She also underlined the strategic role of companies like Scatec, involved in major projects including:

  • The Benban Solar Park, one of the largest globally
  • A green hydrogen plant in the Suez Canal Economic Zone
  • A 1 GW solar plant for the aluminium complex in Naga Hammadi

mped.gov reports that Scatec’s work forms part of the NWFE program, which is driving environmentally friendly investment and includes battery storage and green ammonia production in Damietta.

Dutch development

In a separate meeting with the Netherlands’ Vice Minister for International Development, Pascalle Grotenhuis, Dr Al-Mashat praised the long-standing Egyptian-Dutch relationship.

She said, “The Netherlands is one of Egypt’s main trading partners within Europe, with bilateral trade reaching around one billion euros annually.”

According to Egypt’s Planning Ministry, Dutch development funding has exceeded €407 million since 1975, supporting vital areas such as health and education, agriculture, transport, and housing.

The countries also run the Orange Corners programme, supporting Egyptian entrepreneurs in the Nile Delta and Upper Egypt. After a successful first phase, the scheme has been renewed through to 2028 to promote inclusive growth and youth employment.

Egypt and the Netherlands also signed a climate-focused Memorandum of Understanding in October 2024, aiming to strengthen coastal management and water cooperation.

Dr Al-Mashat reiterated Egypt’s appeal as a regional investment hub, offering a stable business climate, competitive incentives, and access to African and Middle Eastern markets

She added that Norway’s sustainability goals “align with Egypt’s Vision 2030,” positioning both partnerships as long-term engines for green innovation and youth empowerment.

View all news from Norway.

View all world news.

You Might Also Like

Ukraine prepares new peace plan as Zelensky rules out giving up land

Unpacking Ursula von der Leyen’s reparations loan to support Ukraine

‘Escape wizard’ inmate flees Milan prison in fourth breakout from European jails

A wage for housework? India's sweeping experiment in paying women

What’s stopping Europe from plugging the gender gap?

TAGGED: News from Norway, World News
Share This Article
Facebook Twitter Copy Link
Previous Article Gamescom Opening Night Live is 2 Hours Long, Confirms Geoff Keighley
Next Article Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Ukraine prepares new peace plan as Zelensky rules out giving up land
World News
Crypto index funds ‘a big deal’ as market complexity grows: Bitwise CIO
Crypto
Unpacking Ursula von der Leyen’s reparations loan to support Ukraine
World News
Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’
Business
DeepSeek 3.2 vs Gemini 3.0 Pro : Results, Speed, Reasoning
Tech News
Tainted Grail: The Fall of Avalon is Getting A New Cosmic Horror-Themed Expansion on December 15th
Gaming News
Fake DBS crypto app scam exposes rising investor risks in India
Crypto

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Ukraine prepares new peace plan as Zelensky rules out giving up land

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Ukraine prepares new peace plan as Zelensky rules out giving up land
December 9, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?