World News | Italy's Eni Plans to Invest USD 7.7 Billion in Egypt

Get latest articles and stories on World at LatestLY. Italian energy giant Eni plans to invest some USD 7.7 billion in Egypt within the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi.

Italian energy giant Eni (Credit: Reuters)

Cairo [Egypt], September 4 (ANI/WAM): Italian energy giant Eni plans to invest some USD 7.7 billion in Egypt within the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi.

This came after Egyptian President Abdul Fatah El Sisi received the company's CEO Claudio Descalzi today.

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The Egyptian president praised the large number of activities the Italian energy giant is currently undertaking in Egypt. (ANI/WAM)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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