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Thursday, October 2, 2025 20:44 GMT
According to a statement by the Egyptian Ministry of Petroleum, the agreements were signed in Fujairah in the presence of Egyptian Petroleum Minister Karim Badawi and Mohammed Saeed Al Dhanhani, director of the Fujairah Emiri Diwan in the United Arab Emirates (UAE). Under the first agreement, an Egyptian joint-stock company will be established to develop a logistics zone for the storage and trading of crude oil and petroleum products on the Mediterranean coast at Al-Alamein. The project...More