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Monday, 26 August 2019

Egypt’s energy sector attracts EGP 1 tn investments

Energy news led the discussion on the airwaves on an otherwise uneventful night:

The petroleum sector has seen EGP 1 tn in investments, Al Hayah Al Youm’s Khaled Abu Bakr said, citing figures disclosed by Oil Minister Tarek El Molla to Prime Minister Moustafa Madbouly in a meeting yesterday (watch, runtime: 02:50). There was no mention of the time frame in which these investments took place, but they were reportedly directed towards refinery and petrochemical as well as development and infrastructure projects.

Also earning some airtime with Abu Bakr was Saturday’s news that Thomas Cook bookings have increased by 30-40% in 2019 in Marsa Alam and Hurghada (watch, runtime: 01:09).

President Abdel Fattah El Sisi’s attendance at the G7 summit in France and meetings he held with world leaders was covered by Hona Al Asema’s Reham Ibrahim (watch, runtime: 06:28). We have more on this in this morning’s Speed Round.

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