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Wednesday, 27 September 2023

Egypt’s Sisi, AAIB President discuss cooperation in clean energy, green economy

Egypt’s Sisi, AAIB chief discuss cooperation: Egyptian President Abdel Fattah El Sisi discussed with Asian Infrastructure Investment Bank (AIIB) President Jin Liqun exploring cooperation in clean energy, transportation, and the transition to a green economy on the sidelines of the AIIB annual meetings in Sharm El Sheikh, according to an Egyptian presidency statement. El Sisi and Liqun also discussed ongoing efforts in international financing reforms and multilateral development banks’ role in bolstering the capacity of developing nations to address global economic challenges, according to the statement.

Israel, Masdar move forward on Jordan water-for-energy agreement: Israeli Energy Minister Israel Katz met with Masdar CEO Jameel Al Ramahi in Tel Aviv to advance a water-for-energy agreement with Jordan that was first floated by Israel and Jordan back in 2021, Reuters reports. The so-called “Project Prosperity” would see 600 MW of solar energy headed for Israel in exchange for 200 mn cubic meters of desalinated water for Jordan, with a signing expected at COP28 in Dubai.

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