Friday, 9 December 2011

UAE energy minister says investments in Egypt to continue | Al-Masry Al-Youm

The United Arab Emirates will continue to invest in Egypt, especially in petroleum and renewable energy, UAE Energy Minister Mohamed Bin Dhaen al-Hamli said.

Egypt has been a chief destination for UAE investments both before and after the 25 January revolution, Hamli told Egypt Independent on the sidelines of the World Petroleum Congress meeting in Doha, Qatar.

The UAE does not intend to halt investments in Egypt, the minister emphasized, adding that Dana Gas, an Emirati company and the Middle East's leading private sector natural gas firm, is one of the largest gas producers in Egypt.

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