The UAE and Egypt have formed a strategic cooperation through the Industrial Transition Accelerator (ITA) to promote clean industrial development in the MENA region. This collaboration, established under a memorandum of understanding between the UAE Ministry of Industry and Advanced Technology and Egypt’s Industrial Modernisation Centre, aims to expedite decarbonisation in high-emission sectors such as cement, aluminium, steel, chemicals, aviation, and shipping.
The agreement was signed in the presence of key officials, including UAE Minister Dr. Sultan Al Jaber and Egyptian Minister Kamel Al-Wazir. Egypt, the third country to join ITA’s MENA Programme after Bahrain, provides a robust industrial base and expanding renewable energy resources.
Egypt’s strategic location and energy resources position the country to become a major low-carbon supplier to Europe. The alliance will increase project investment, improve technical information sharing, and facilitate policy alignment. Over the next two years, ITA intends to expedite significant project choices, ensuring implementation by 2030.
The ITA initiative has identified approximately 45 industrial projects valued at over $100 billion. By bringing together business, finance, and government, the program provides personalised assistance to remove barriers and promote demand for green products. This alliance demonstrates the region’s common commitment to sustainable growth and a low-emission future.
