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Egypt to become regional petroleum hub with UAE in partnership worth $3 billion

Egyptian Prime Minister Mostafa Madbouly has presided over the signing ceremony of a Memorandum of Understanding at the New Alamein City government headquarters to become a regional petroleum hub with the UAE. This landmark agreement between Egypt and the UAE aims to replicate the successful integrated petroleum system of Fujairah at Hamra Port, located on …

The post Egypt to become regional petroleum hub with UAE in partnership worth $3 billion appeared first on Egypt Independent.

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