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COP27
Economy
Egypt approves $200 million in energy projects with foreign, national companies
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
Sustainability
UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC
Investment to boost Positive Zero's energy transition projects in the Gulf countries
Egypt
COP27: Egypt signs deals worth $83 billion in renewable energy
Highlighting country's ability to attract private investment in strategic sectors