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COP29

Egypt aims to enhance cooperation with Azerbaijan across oil & health sectors

Emphasizing the importance of building stronger relations with Azerbaijan, particularly in the oil and pharmaceutical sectors, Madbouly instructed the Ministers of Petroleum and Health to prioritize partnerships with Azerbaijan

Egypt’s FinMin calls for enhanced global cooperation & sustainable finance programs to tackle climate challenges

Kouchouk highlighted that climate finance requires innovative international cooperation that more directly addresses essential needs

PM participates in enhancing climate mitigation roundtable at COP29

Madbouly highlighted Egypt’s initial steps to foster a supportive environment for renewable energy investment, including establishing a preferential feed-in tariff for electricity, which successfully attracted substantial private investment. Additionally, a comprehensive subsidy reform program was launched, enhancing the competitiveness of renewable energy

Cop29 opens in Baku with focus on climate finance, global cooperation for greener future

The conference is gathering leaders from government, business, and civil society to seek meaningful solutions for the pressing climate challenges of our time.