African Union wrap-up, Egypt Petroleum Show compete for talking heads’ attention
The final outcomes of the African Union summit and the influx of updates from the Egypt Petroleum Show were competing for the talking heads attention last night. We have all the details on the latter in Speed Round, below.
President Abdel Fattah El Sisi set a “roadmap” for Egypt’s plans during its one-year chairmanship of the African Union, which touches on dispute resolution and development plans for the continent, deputy head of the Egyptian Committee for African Affairs Salah Halima said on Al Hayah Al Youm (watch, runtime: 06:44). The AU summit also saw discussions on solutions for climate change and advocating for a permanent seat in the UN Security Council for an African country, former Assistant Foreign Minister for African Affairs Ahmed Hajjaj said (watch, runtime: 07:41).
While we’re on the subject of Africa, the Cabinet Information and Decision Support Center reminded everyone that Egypt was Africa’s top FDI destination last year in a report that both Al Hayah Al Youm and Masaa DMC took note of (watch, runtime: 02:42 and runtime: 05:04).
Oil Ministry spokesman Hamdy Abdel Aziz gave the full rundown of the winners in oil and gas exploration tenders, which was announced at the Egypt Petroleum Show yesterday. He noted that mostly foreign companies were awarded exploration rights in several Mediterranean and Western Desert concessions (watch, runtime: 04:49).