Egypt Zones accountACCOUNT

USD 8.3 billion Foreign Investments in Oil, Gas Activities in 2014/2015

Source: www.export-egypt.com 4/25/2014, Location: Africa

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A report by the Ministry of Petroleum and Mineral Resources said that foreign investments of companies operating in Egypt in the field of gas and oil discovery are planned to reach USD 8.3 billion in 2014/2015.

The report noted that the increase of these investments sends a clear message that Egypt is a stable country. It also refers to the solid relations between foreign companies operating in Egypt and the Egyptian government.

It indicates that foreign partners show a great confidence that the Egyptian petroleum sector provides promising opportunities for investment, the report stressed.

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