Egypt, UAE begin agreements including development of Hamra Port ...Egypt

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Egypt, UAE begin agreements including development of Hamra Port
Egyptian Ministry of Petroleum and Mineral Resources and the government of the Fujairah Emirate in the UAE began implementing the terms of cooperation agreement signed between them in August, and Egyptian ports received the first oil tanker under this agreement. The agreement includes transferring the experience of developing the Fujairah Port and establishing an oil logistics zone in the Al Hamra Port area on the Mediterranean Sea; investing in Egypt’s distinguished geographical location. The two sides signed a cooperation agreement in the presence of Egypt Prime Minister Mostafa Madbouly, Minister of Petroleum and Mineral Resources Karim Badawi, and Mohammed Saeed Al Dhanhani, Director of

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