Egypt, Saudi Arabia sign agreements on green hydrogen, infrastructure

Al-Monitor Staff

Jun 21, 2022

Saudi King Salman bin Abdul-Aziz Al Saud (C) and Crown Prince Mohammed bin Salman (R) are seen receiving Egyptian President Abdel Fattah al-Sisi, Riyadh, Saudi Arabia, March 8, 2022. — Handout picture provided by the Saudi Media Ministry

Egypt and Saudi Arabia signed billions of dollars worth of agreements today on the environment, commerce and more.

Saudi Commerce Minister Majid al-Qasabi said the two allies signed 14 investment deals worth $7.7 billion in total. The agreements relate to the development of renewable energy, including green hydrogen, as well as infrastructure and e-commerce, Egypt’s official Middle East News Agency reported.