The Trade and Industry Ministry and Italy's Sanpaolo IMI Group signed last Monday 26th two memorandum of understanding to finance infrastructure projects and Small and Medium-sized Enterprises (SMEs) in Egypt. Besides, Minister of Electricity and Energy Hassan Younis and the Italian Minister Ms. Emma Bonino signed the same day an agreement to establish a wind power plant in Gabal el-Zit. The agreement is part of a policy adopted by the Ministry of Electricity aimed at using renewable energy in producing electricity. Source: Egypt State Information Service |