Egypt is expecting foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year, Petroleum Minister Tarek El Molla said. According to Molla, Egypt expects foreign investments to total the same amount for the current fiscal year, marking a 25 percent increase from the previous year. Last year […]
Foreign Ministers of the Gulf Cooperation Council (GCC) countries reaffirmed, Sunday, the unwavering positions, and steadfast decisions of the GCC Supreme Council supporting the Moroccan sovereignty over the Sahara and the preservation of peace and security of Morocco. These commitments that also endorse the autonomy initiative as the only solution to the settlement of the […]
Egypt will inaugurate in the second half of 2022, the world’s largest spinning factory led by eight companies. Hisham Tawfik, Minister of the Public Enterprises Sector made the announcement during a meeting with the contracting companies to review the project progress. The project to be developed by Gama Construction Company encompasses 65 buildings and a […]
