Egypt has signed an agreement with AMEA Power of the United Arab Emirates to produce up to 390,000 ton of green ammonia a year in Ain Sokhna, the cabinet said on Wednesday.
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Egypt’s Suez Canal Economic Zone also signed an agreement worth $3 billion to produce up to 350,000 tons of green energy for fueling ships in Ain Sokhna with a consortium that includes EDF Renewables and the Egyptian sovereign wealth fund, the cabinet statement added.
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