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Egypt reaps economic, political gains from COP27

Egypt has achieved several major deals as well as boosted its foreign policy by hosting COP27.
Egypt's Foreign Minister Sameh Shoukry (R) speaks as UN Secretary-General Antonio Guterres listens at a press conference during the COP27 climate conference, Sharm el-Sheikh, Egypt, Nov. 17, 2022.

CAIRO — Egypt’s State Information Service (SIS) wrote in its daily report Nov. 10 that the 2022 United Nations Climate Change Conference (COP27), which Egypt is currently hosting in the Red Sea resort city of Sharm el-Sheikh, has received wide international media coverage. The summit, according to SIS, has focused on several issues, including the gains Egypt has reaped from hosting the event.

The COP27 sessions, which kicked off Nov. 7 and will conclude today, Nov. 18, were attended by several world leaders, media delegations and nonprofit organizations. During the summit, Egypt also signed a series of renewable energy agreements

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