Arab Finance: Dr. Mostafa Madbouly, Prime Minister, chaired the weekly government meeting, where a number of important and vital work files were discussed and reviewed, according to statement Ministers.
Dr. Madbouly stressed the continuation of the state’s efforts to create an attractive climate for local, Arab and foreign investments in various promising sectors in Egypt, in order to maximize the capabilities and capabilities we possess in many fields and sectors, most notably the new and renewable energy sector, pointing in this regard to his participation in the celebration. Which was recently established to launch the “Abydos 1” solar power station in the Kom Ombo Desert, Aswan Governorate, with a capacity of 500 megawatts, which Implemented by the Emirati company “Emia Power”.
As well as the announcement of the start of engineering work on the “Abidos 2” solar power station project with a production capacity of 1 gigawatt of clean electricity, which is also being implemented by the Emirati company, noting that this launch and other steps and measures taken by the state come within the framework of the integrated plan. And urgent efforts to provide electrical energy, secure and meet various energy needs, and thus contribute to not resorting to load-reducing measures again.
On the other hand, Dr. Mostafa Madbouly appreciated during the meeting; The wide participation witnessed in the current session of the “Our Heritage 2024” Products, Crafts and Heritage Exhibition, which extends until December 21, from various countries and parties concerned with preserving heritage, encouraging entrepreneurship and empowering youth at the local, regional and international levels. He also praised the quality of the exhibits, which were characterized by diversity and richness. Art, so that the “Our Heritage” exhibition, as usual, constitutes an important platform for displaying and marketing distinctive artistic products of handicrafts and heritage, in implementation of the presidential directives to revive These crafts and industries, which highlight the Egyptian cultural heritage in a contemporary manner, thus enhancing the opportunities for their development, and the care and support of their makers.
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