
Egyptian President Abdel Fattah El Sisi received during his visit here the deputy chairman of the Total gas company, said presidential spokesman ambassador Alaa Youssef Thursday.
In press statements, he added that the French side demonstrated during the meeting keenness on operating in Egypt and pumping more investments into the Egyptian market.
He added that Egypt comes first on the list of African countries where Total is operating and third at the international level after Germany and France.
President Sisi asserted at the meeting keenness by the Egyptian government to enhance the energy sector to meet the growing needs of the Egyptian public.
The president further explained that Egypt is seeking to diversify its resources of power production atop of which comes renewable energy resources, added the spokesman.
For his part, the French official said that his country is keen on investing in Egypt, adding that the company is planning to increase its activities in Egypt in the coming period.
He hailed recent economic decisions adopted by the Egyptian government, especially those related to rationalizing subsidy offered to the power sector in a bid to redress the imbalance of energy subsidy and pricing.
Meanwhile, the president, added the spokesman, granted the French paper Le Figaro an interview where he reviewed the recent developments in the local arena at the economic and political levels. He also expounded the Egyptian view regarding several regional and international issues.
GMT 14:36 2018 Sunday ,14 January
Fossil fuels blown away by wind in cost terms: studyGMT 18:20 2018 Thursday ,11 January
Ukraine to launch its first solar plant at ChernobylGMT 18:44 2018 Tuesday ,09 January
Finland's Fortum snaps up EON's fossil fuels stakeGMT 17:39 2018 Wednesday ,03 January
Norway powers ahead electrically with over half of new car sales now electric or hybridGMT 15:36 2018 Wednesday ,03 January
Minister of Mining Says Govt. Invested MAD 12.3 Billion between 2003-2017GMT 18:00 2017 Saturday ,23 December
Energy prices bump key US inflation index up in NovemberGMT 09:01 2017 Friday ,15 December
BP plan to buy Australian petrol pump network blockedGMT 14:54 2017 Monday ,27 November
Belarus nuclear power plant stirs fears in Lithuania
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor