{
Qatar Petroleum

Companies

}
001122334455554433221100
001122334455554433221100

Egypt invests 550 billion dollars in infrastructure to boost economic growth

Egypt has invested approximately USD 550 billion in infrastructure over the past decade, focusing on roads, ports, and city development to enhance economic competitiveness and attract foreign investment. The government aims for private sector participation to reach 70% of economic activity and has signed a USD 7.5 billion investment agreement with Qatar for infrastructure and reconstruction efforts in the Gaza Strip.
CairoScene
United States Dollar Qatar Petroleum EGY QAT Abdel Fattah El-Sisi
Finance & Economy, Press Release
02:00 16.04.2025

Chinese refiners purchase Middle Eastern oil amid Iranian supply constraints

Chinese independent refiners are increasingly purchasing crude oil from the Middle East and Africa as Iranian oil becomes scarcer and pricier due to expanding US sanctions. A significant processor has acquired around 10 million barrels from Abu Dhabi and Qatar, with shipments scheduled for December and January, effectively addressing a backlog of unsold crude.
Bloomberg.com
United States Dollar Abu Dhabi National Oil Company Qatar Petroleum ARE QAT
Finance & Economy, Market Report
01:45 28.11.2024
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