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Home Noon Update

Egypt signs deal to build first wind turbine plant

by Gazette Staff
June 24, 2026
in Noon Update
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Egypt’s Prime Minister Moustafa Madbouli witnessed on Wednesday the signing of a memorandum of understanding (MoU) to establish the country’s first wind turbine manufacturing plant and develop a 2,000-megawatt wind power project in the Gulf of Suez region.

Egypt keen to attract greater domestic, foreign investment

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New Egypt-EU initiative aims to turn research into business opportunities

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The Ministry of Foreign Affairs hosted the signing of eight co-operation agreements and memoranda of understanding (MoUs) on Wednesday involving the ministries of Foreign Affairs, Finance, Education and Technical Education, Transport, and Health and Population, alongside several Egyptian government agencies, the French Development Agency (AFD), the European Union and a number of French companies.

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