Apache plans to invest US$1.4 billion in Egypt ...Egypt

Economy by : (EGYPT INDEPENDENT) -
Prime Minister Mostafa Madbouly held a meeting on Sunday at the government headquarters in the New Administrative Capital with officials from the US company Apache, who have confirmed that their company intends to invest about US$1.4 billion in Egypt next year. Welcoming the CEO of Apache and his accompanying delegation, Madbouly praised the company’s work in Egypt and their joint historical relations that have extended for over two decades. He expressed Egypt’s desire to receive new investments from the company in the near future, as well as expand exploration activities for oil and gas on a larger scale in spite of challenges facing the global economy. These are difficult times the world i

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