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UAE looking to invest in Egypt oil projects

: Thursday, July 10 - 2014 @ 00:07

Egyptian petroleum minister, Sherif Ismail has said the UAE has expressed its willingness to invest in the country’s petroleum sector and is currently studying which project can be started in the coming period, Daily News Egypt has reported. The projects include plans to build refineries Ain Sokhna, South Sinai, Alexandria, and Said governorate, as well as petrochemical, mineral resources and exploration projects.

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Thursday, July 10- 2014 @ 0:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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