Petroleum Minister Tarek El Molla lauded distinguished performance of the company and its pioneering role in maritime petroleum activities.
The Ministry of Petroleum said in a statement, Wednesday, that the contracts included signing four contracts with AKH Gold, a company affiliated to Egyptian businessman Naguib Sawiris, with a total investment of about $ 4.1 million to search for gold in nine sectors in the Eastern Desert.
The contracts were signed between the Egyptian General Authority for Mineral Resources and Canadian and Egyptian companies.
A monorail is a rail transportation system based on a single rail, which acts as its sole support and its guide way, according to rail system.
The minister pointed out that the volume of investments in these contracts amounted to LE 90 billion and accommodate 160,000 jobs and open up more areas of the real estate market.
Egypt ranked number four among the top five countries that have signed trade contracts with Indonesia in 2018.
Mamish clarified in an official statement that these companies will invest in the industrial zone "TEDA Egypt" in Ain el-Sokhna.
The cabinet said that this is a precautionary measure.
Omran called on firms to expand their work to include pre-delivered residential units.
Head of the Egyptian exchange discusses the possibility of establishing a “commodities and contracts” exchange in Egypt.