CAIRO — Egyptian Prime Minister Mostafa Madbouly announced during a press conference May 15 that the government has granted the so-called golden license to several projects in a bid to attract foreign investments, as part of a series of initiatives to confront the prevailing economic crisis in Egypt.
“The golden license is granted once directly by the prime minister to some projects. These projects include green hydrogen, electric cars, infrastructure and seawater desalination and renewable energy projects,” Madbouly said.