Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Total to invest $200 million in Egypt over next 5 years

Egypt could be importing between 15 million-20 million tons annually within a decade especially with development of Zohr gas field.
15.10.16 | Source: Ahram Online

French energy company Total is expected to inject $200 million in new investments into ‎the Egyptian market over the next five years, the Egyptian government said on Thursday after ‎a meeting between Prime Minister Sherif Ismail and a delegation from the French company currently visiting Cairo.

The delegation, which included the company’s vice president for Africa. ‎described the Egyptian market as “promising”, according to a statement by cabinet ‎spokesperson Hossam El-Qawish. ‎

FREE NEWSLETTER