Business
Eni, Italy's largest multinational energy company specializing in oil, gas, and renewable energy, is set to invest USD 8 billion (EGP 381 billion) in the Egyptian market over the next five years, as announced by Chief Executive Officer (CEO Claudio Descalzi during a meeting on Tuesday, 25 November, with President Abdel Fattah El-Sisi, Prime Minister Mostafa Madbouly, and Minister of Petroleum Karim Badawi. Descalzi praised the Egyptian government for its efforts to facilitate investment procedures, which he indicated benefits both…
