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British Petroleum to invest $1.5bn in Egypt for development activities

Energy giant, British Petroleum (BP) plans  1.5-billion U.S. dollar new investments for development and exploration activities in Egypt, the Egyptian presidency says. The announcement was made after a meeting in Cairo between Egyptian President Abdel-Fattah al-Sisi and BP Chief Executive Officer Murray Auchincloss in Cairo. During the meeting, Auchincloss announced that there is a potential […]