Currencies:
RUB/USD 0,0103
0,0000
BRL/USD 0,1729
0,0000
INR/USD 0,0114
0,0000
CNY/USD 0,1361
0,0000
ZAR/USD 0,0543
0,0000
IDR/USD 0,0001
0,0000
Weather:
Moscow -3 °C
Brazilia 24 °C
New Delhi 23 °C
Beijing -4 °C
Pretoria 33 °C
Cairo 17 °C
Tehran 8 °C
Abu Dhabi 23 °C
Jakarta 29 °C
Menu
Broadcast «BRICSreport»
-3 °C
Moscow
24 °C
Brazilia
24 °C
New Delhi
-4 °C
Beijing
33 °C
Pretoria
17 °C
Cairo
8 °C
Tehran
23 °C
Abu Dhabi
29 °C
Jakarta
RUB/USD
0,0103
0,0000
BRL/USD
0,1729
0,0000
INR/USD
0,0114
0,0000
CNY/USD
0,1361
0,0000
ZAR/USD
0,0543
0,0000
IDR/USD
0,0001
0,0000
TV BRICS Apps
Home
News
Videos
Podcasts
Menu
13:00 «BRICSreport»
13:00 «BRICSreport»
Now 16+
13:00

«BRICSreport»

It is indicated Moscow time in the programme. Please take into account the time difference with your time zone.
13:20 «BIZtalk: BRICS financial cooperation»
Next
13:20

«BIZtalk: BRICS financial cooperation»

16+
13:50

«City of stories»

16+
14:20

«BRICSterview»

16+
Иконка с часами 23 minutes 26 sec.
Indian Ambassador to Russia Vinay Kumar: "BRICS cooperation model meets socio-economic development needs of the Global South"
Иконка с часами 22 minutes 41 sec.
Ambassador Extraordinary and Plenipotentiary of Ethiopia to Russia, Genet Teshome Jirru: "BRICS is very important for us"
Иконка с часами 14 minutes 55 sec.
Political scientist Richard Sakwa: "BRICS is the foundation of more mature international politics"
29.01.2511:11 Culture
Russia to release jubilee cycle about world-famous international authors of "Za Rubezhom" publication
28.01.2510:56 Culture
Young artists from BRICS countries to come to Moscow for training in 2025
27.01.2512:06 Culture
TV BRICS premieres film about gold mining in Urals to industry professionals in Ekaterinburg
United Arab Emirates Egypt
21.11.24 16:45
Economics

UAE and Egypt sign several MoUs to advance energy security and economic growth

The agreements focus on renewable energy, industrial integration, and advanced infrastructure development

In a new step toward bolstering sustainable development and industrial collaboration, Egypt and the UAE have signed several Memoranda of Understanding (MoUs) during a high-profile ceremony held at the Egyptian Parliament in the New Administrative Capital. 

The agreements focus on renewable energy, industrial integration, and advanced infrastructure development, aligning with both nations' long-term strategic goals. This is reported by Emirates News Agency (WAM), a partner of TV BRICS.

The papers, signed in the presence of Egypt’s Prime Minister Mostafa Madbouly and UAE Minister of Industry and Advanced Technology Ahmed Al Jaber, include plans for two major solar plants (2 GW each) and a cutting-edge battery storage facility, as well as a massive 3 GW project poised to become the world's largest floating photovoltaic station.

Furthermore, the two nations discussed the establishment of a 20 sq. km industrial hub aimed at attracting global investment in renewable energy, advanced manufacturing, and logistics, and initiatives for solar plants in the Dakhla Oasis (900 MW) and Benban (300 MW), along with energy storage systems.

Ahmed Al Jaber emphasised that the agreements reflect the UAE's commitment to fostering industrial and energy partnerships in line with shared sustainability goals.

“These initiatives aim to foster growth and prosperity for both nations, strengthen supply chain sustainability and resilience, and enhance self-sufficiency,” he stated.

According to the officials, these partnerships showcase Egypt's growing role in the renewable energy landscape within the BRICS framework, enhancing collaboration between nations for sustainable development. They also highlight the UAE’s leadership in supporting global energy transitions and fostering industrial modernisation.

Photo: iStock

Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

07.02.2515:35 Economics
UAE’s foreign trade reaches historic high in 2024
06.02.2512:26 Economics
Indonesia eyes leadership in Southeast Asia's AI landscape through robust digital growth
05.02.2515:35 Economics
Vietnam-India trade reaches US$15 billion in 2024
04.02.2513:30 Economics
Indonesia to restore peatlands and mangroves for major economic potential
01.02.2517:02 Economics
China's GDP increases by 5 per cent year-on-year in 2024
31.01.2513:30 Economics
EAEU Intergovernmental Council's meeting announces 4% GDP growth of member states
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data