| Work Detail |
Minister Plenipotentiary Yahya Elwathik Bellah A. Nabih, Head of the Egyptian Commercial Service (ECS), recently engaged in a constructive meeting with representatives from Rana Group, a prominent Indian conglomerate excelling in diverse sectors such as electric vehicles (EV) manufacturing, agricultural equipment, satellite technology, and sustainable energy, including green hydrogen.
The rendezvous stems from Rana Group’s strategic objective to broaden its global footprint, particularly in the African continent, with a keen interest in exploring investment prospects in Egypt. This initiative follows earlier discussions facilitated by the Egyptian Commercial Office in New Delhi, where the Indian conglomerate expressed a strong inclination towards collaborating with Egyptian enterprises across various domains.
Central to the deliberations was Rana Group’s aspiration to establish a groundbreaking green hydrogen production venture in Egypt, with an envisaged investment totaling USD 12 billion over the project’s lifespan. The talks also encompassed avenues for collaboration across diverse sectors, underscoring both parties’ mutual eagerness to forge strategic alliances that drive economic and technological advancement in Egypt and India alike. |
