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Egyptalum signs agreement with Scatec to develop solar power plant in Nagaa Hammadi
Egyptalum signs agreement with Scatec to develop solar power plant in Nagaa Hammadi

Daily News Egypt

time07-07-2025

  • Business
  • Daily News Egypt

Egyptalum signs agreement with Scatec to develop solar power plant in Nagaa Hammadi

Minister of Public Enterprises Sector Mohamed Shimi met with Norway's Ambassador to Egypt and Libya, Hilde Klemetsdal, and her accompanying delegation at the ministry's headquarters in the New Administrative Capital, as part of efforts to strengthen bilateral cooperation in renewable energy. During the meeting, the minister and ambassador witnessed the signing of an agreement between Egyptalum — a subsidiary of the Metallurgical Industries Holding Company — and a newly established project company affiliated with Norwegian renewable energy firm Scatec. The agreement marks the official launch of a solar power project to supply clean electricity to Egyptalum's aluminum complex in Nagaa Hammadi. The solar power plant, with a total capacity of 1,000 megawatt-hours, will be implemented over 24 months in two consecutive phases, each generating 500 megawatt-hours. The project will also include the installation of battery storage systems with a total capacity of up to 200 megawatts. With an estimated total investment of approximately $650 million, the project will be fully financed, built, and operated by Scatec under a Power Purchase Agreement (PPA). The plant will supply a significant share of Egyptalum's energy needs, reducing dependence on conventional power sources. Minister Shimi welcomed Ambassador Klemetsdal at the outset of the meeting and emphasized the importance of the strategic partnership between Egypt and Norway, particularly in the fields of green transition and clean energy. He expressed his hope for further cooperation with leading Norwegian companies, given Norway's global expertise in renewable energy and environmental technologies. He described the project as a major milestone for Egypt's aluminum industry, aligning with the state's strategy to expand renewable energy use and the political leadership's directives to promote environmental sustainability and improve resource efficiency. Shimi noted that the project exemplifies successful cooperation between the public and private sectors and international investors. Key objectives include reducing operational costs at the aluminum complex, boosting production efficiency, enhancing the competitiveness of Egyptian exports, cutting traditional energy use and carbon emissions, and meeting international sustainability standards. He added that these goals will enable Egyptalum to strengthen its position in global markets, where it already exports more than 50% of its production—primarily to the European Union. The minister also highlighted that the partnership with Scatec reflects international investors' growing confidence in the Egyptian market and their willingness to contribute to major national projects that deliver both environmental and economic value. He reaffirmed the Ministry's full support for partnerships with both domestic and international private sector players. Ambassador Klemetsdal praised the strength of Egyptian-Norwegian relations and described the solar project as a model of productive cooperation between the two nations. She stressed that the initiative supports Egypt's clean energy transition and reflects the growing interest of Norwegian companies in the Egyptian market, especially in key sectors such as renewable energy.

Egyptian, Norwegian FMs address regional, international issues
Egyptian, Norwegian FMs address regional, international issues

Egypt Today

time12-06-2025

  • Business
  • Egypt Today

Egyptian, Norwegian FMs address regional, international issues

Egyptian Minister of Foreign Affairs and Emigration Badr Abdelatty, met with Minister of Foreign Affairs of Norway, Espen Barth Eide, on the sidelines of the Oslo Forum on June 12, 2025- press photo CAIRO – 12 June 2025: Egyptian Minister of Foreign Affairs and Emigration Badr Abdelatty, met with Minister of Foreign Affairs of Norway, Espen Barth Eide, on the sidelines of the Oslo Forum to discuss ways to enhance bilateral relations between Egypt and Norway, and to address regional and international issues of mutual interest. Minister Abdelatty praised the positive developments witnessed in Egyptian-Norwegian relations on both the political and economic levels, noting the meetings and communications that have taken place between the President of the Republic and the Norwegian Prime Minister, most recently the President's visit to Norway in December 2024. Minister Abdelatty also welcomed the convening of a round of political consultations between the two countries in activation of the Memorandum of Understanding (MoU) signed during the presidential visit, expressing aspiration to maintain the regularity of political consultations at all levels to elevate the level of bilateral relations. Minister Abdelatty further welcomed the economic cooperation between the two countries, particularly in the field of renewable energy, expressing anticipation for the continuation of the implementation of the projects of the Norwegian company Scatec in Egypt and the commencement of new projects that would contribute to increasing Norwegian investments in Egypt. He also referred to the necessity of enhancing trade exchange between the two countries, highlighting the importance of encouraging the Norwegian Agency for Development Cooperation and the Norwegian Investment Fund for Developing Countries to explore the possibility of increasing their financing of Norwegian companies operating in Egypt and financing new companies in the fields of clean energy and aquaculture to benefit from the recent economic reforms in Egypt. Minister Abdelatty expressed keenness on tripartite cooperation in Africa, in light of Norway's issuance of a special African strategy in August 2024. The two ministers exchanged views on several regional issues, most importantly the situation in the Gaza Strip. Minister Abdelatty valued Norway's supportive stance of the rights of the Palestinian people and its advocacy of the principles of international law. He reviewed the efforts undertaken by Egypt to achieve a ceasefire in Gaza and to ensure the entry of humanitarian aid to alleviate the severity of the humanitarian crisis in Gaza, affirming the need to consolidate international efforts to enable the Palestinian people to obtain their legitimate rights, foremost of which is the establishment of an independent Palestinian state on the June 4, 1967 lines, with East Jerusalem as its capital. The meeting also touched upon the situation in Sudan, where Minister Abdelatty affirmed Egypt's supportive position of preserving Sudan's unity, stability, and national institutions. Cooperation with Scatec In a separate meeting, Abdelatty, met on Wednesday, June 11, with the CEO of the Norwegian company Scatec, Terje Pilskog. Minister Abdelatty emphasized the importance of building upon the outcomes of President Abdel Fattah El-Sisi's visit to Norway in December 2024 and strengthen cooperation with the Norwegian company Scatec. He affirmed Egypt's full support for the company's projects in Egypt, which contribute to enhancing trade and investment relations between Egypt and Norway, expressing aspiration to increase the company's investment volume in Egypt and to implement the company's project to export clean electricity to Europe. Minister Abdelatty also reviewed the policies adopted by Egypt to empower the private sector and attract foreign direct investment, affirming Egypt's interest in supporting foreign companies operating in Egypt, including Scatec, whose projects align with the Egyptian state's direction towards transitioning to a green economy and transforming Egypt into a global hub for the production of green hydrogen. Minister Abdelatty further pointed to the aspiration for a trilateral cooperation with the Norwegian company in Africa to implement development projects, particularly in the field of renewable energy.

Egypt, Norway Discuss Strengthening Bilateral Ties, Regional Crises at Oslo Forum
Egypt, Norway Discuss Strengthening Bilateral Ties, Regional Crises at Oslo Forum

See - Sada Elbalad

time12-06-2025

  • Business
  • See - Sada Elbalad

Egypt, Norway Discuss Strengthening Bilateral Ties, Regional Crises at Oslo Forum

Ahmed Emam Egyptian Foreign Minister Badr Abdelatty held talks with his Norwegian counterpart, Espen Barth Eide, on the sidelines of the Oslo Forum, focusing on enhancing bilateral cooperation and addressing regional developments in Gaza and Sudan. The meeting underscored the growing momentum in Egyptian-Norwegian relations, with Abdel Aaty praising recent political and economic progress between the two nations. He highlighted the ongoing dialogue at the highest levels, including President Abdel Fattah El-Sisi's visit to Norway in December 2024, and welcomed the launch of regular political consultations, as agreed upon during that visit. Abdelatty emphasized Egypt's interest in strengthening economic collaboration, particularly in renewable energy. He expressed appreciation for the efforts of Norwegian company Scatec in Egypt and looked forward to the implementation of new joint projects that would boost Norwegian investment in the country. Trade between the two nations was another focal point, with Abdel Aaty encouraging the Norwegian Agency for Development Cooperation (Norad) and the Norwegian Investment Fund for Developing Countries (Norfund) to consider increasing their financial support for Norwegian companies operating in Egypt, particularly in clean energy and aquaculture sectors. He noted that these efforts would benefit from Egypt's recent economic reforms. The Egyptian minister also voiced interest in expanding trilateral cooperation in Africa, citing Norway's strategic engagement with the continent following the launch of its Africa Strategy in August 2024. On regional issues, both ministers exchanged views on the situation in Gaza. Abdel Aaty commended Norway's long-standing support for Palestinian rights and international law, and outlined Egypt's intensive efforts to broker a ceasefire, facilitate humanitarian aid, and mitigate the worsening humanitarian crisis in the besieged enclave. He reiterated Egypt's firm position on the Palestinian cause, advocating for the establishment of an independent Palestinian state along the June 4, 1967 borders, with East Jerusalem as its capital. Regarding Sudan, Abdel Aaty reaffirmed Egypt's support for the unity and stability of its southern neighbor. He stressed the importance of safeguarding Sudan's national institutions, sovereignty, and territorial integrity amid the ongoing conflict. The meeting reflected both countries' shared commitment to deepening cooperation and addressing regional challenges through diplomacy and sustainable development. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean

Galerie Son Presents Dual Solo Exhibitions of Acclaimed Egyptian-Norwegian Artist Britt Boutros Ghali in Berlin and Seoul
Galerie Son Presents Dual Solo Exhibitions of Acclaimed Egyptian-Norwegian Artist Britt Boutros Ghali in Berlin and Seoul

Identity

time28-04-2025

  • Entertainment
  • Identity

Galerie Son Presents Dual Solo Exhibitions of Acclaimed Egyptian-Norwegian Artist Britt Boutros Ghali in Berlin and Seoul

Galerie son is pleased to announce two solo exhibitions by the acclaimed Egyptian-Norwegian artist Britt Boutros Ghali, to be presented in Berlin and in Seoul, Korea in 2025. The first exhibition will open on May 1, coinciding with Berlin Gallery Weekend, and will remain on view through June 28, 2025. The second iteration will travel to their affiliate gallery in Seoul, South Korea, with dates to be announced shortly. As part of the abstract expressionist movement in Europe, Boutros-Ghali has exhibited internationally with widely-collected works in both private and public institutions. The artist's practice synthesizes gestural abstraction, color, with a unique physicality of texture and material, tapping into her inner world and the cultural influences around her. Influenced by her early experiences during World War II, the radiant landscapes of Scandinavia where she spent the early part of her life, and the rich cultural texture of and love for Egypt, which she calls her home since the mid 1970s.

Egyptian Artist Britt Boutros Ghali Launches Berlin-Seoul Exhibitions
Egyptian Artist Britt Boutros Ghali Launches Berlin-Seoul Exhibitions

CairoScene

time27-04-2025

  • Entertainment
  • CairoScene

Egyptian Artist Britt Boutros Ghali Launches Berlin-Seoul Exhibitions

Galerie Son will host two solo shows by the acclaimed Egyptian-Norwegian artist, her first in Germany in nearly 50 years. Apr 27, 2025 Egyptian-Norwegian artist Britt Boutros Ghali is set to stage two major solo exhibitions at Galerie Son, opening in Berlin on May 1st during Gallery Weekend 2025 and later in Seoul this September. The exhibitions mark Boutros Ghali's first solo return to Germany since the 1970s, showcasing a series of new large-scale abstract works. Known for blending gestural intensity, cultural symbolism, and tactile materiality, Boutros Ghali draws inspiration from her Scandinavian roots, her life in Egypt, and personal experiences shaped by periods of conflict and change. Her latest pieces, presented for the first time, continue this deeply personal exploration of identity, landscape, and memory. 'Germany has always been kind to me. I'm excited to return,' Boutros Ghali said ahead of the opening. Max Koffler, director of Galerie Son, described the exhibitions as a landmark moment. 'Demand for her work has never been greater,' Koffler said. Boutros Ghali's career spans over six decades. She has been honoured as a Knight of Norway's Royal Order of St. Olav and received Egypt's Lifetime Achievement Award for cultural impact in 2023. Her works are held in prominent private and public collections worldwide. Galerie Son, founded in 2005, is known for its focus on intercultural dialogue, previously hosting exhibitions like 'KoreaKorea;, a project uniting artists from both sides of the Korean DMZ.

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