Egypt In-Focus — Foreign minister urges Danish counterpart to bolster investments in the country 

  • 5/15/2022
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RIYADH: While the Egyptian foreign minister urged his Danish counterpart to boost investment in the country, the minister of the environment is in talks with the German state secretary to aid farmers deal with climate change impacts on agriculture. In addition to this, the North African country’s government is set to address the global economic crisis at an international press conference early this week. Meanwhile a significant percentage of the $819 million “Knowledge City” has been reported to be completed. · Egyptian Foreign Minister Sameh Shoukry has raised the need to swiftly alter some climate-related targets during the ministerial meeting on climate, the local newspaper Egypt Today reported. In addition to this, the minister also discussed with Denmark’s minister of foreign affairs Jeppe Kofod potential partnerships between both countries focusing on bolstering Danish investment in the North African country. Egypt will raise these issues during the UN Climate conference, or COP27, which it will host later this year. · Egypt’s Minister of Environment Yasmine Fouad discussed ways with the German state secretary to support farmers to adapt to climate change impacts on agricultural crops, Meed reported. In an attempt to curb unwanted impacts on the crops, both parties suggested having an early alarm system in the agricultural field that aids farmers predict climate fluctuation. · An estimated significant percentage of Egypt’s 15 billion Egyptian pounds ($819 million) “Knowledge City” has been completed, Egypt Today reported, citing the ministry of communications and information technology. Located in the New Administrative Capital, the project is spread over an area of 200 acres. · The Egyptian government has announced that it will host an international press conference early this week to address the global economic crisis alongside schemes to lure foreign investments to the country, according to Egypt Today.

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