The emirate of Fujairah and the Egyptian government signed a cooperation agreement in the petroleum field.
The MoU aims to take advantage of the integrated system in the Fujairah Oil Industry Zone and apply it to Egypt’s Al Hamra Petroleum Port on the Mediterranean coast.
Mohammed Saeed Al Dhanhani, Director of the Fujairah Emiri Court, and Mahmoud Nagi, Deputy Minister of Petroleum and Mineral Resources for Transportation and Marketing, signed the MoU.
Al Dhanhani emphasised the importance of cooperation between the two countries and building on the successes already achieved in the fields of storage, petroleum trading, and ship supply.
He said the agreement is in line with the bilateral cooperation framework between the UAE and Egypt, under the directives of the wise leadership in both fraternal countries.
A joint Egypt-UAE team has been formed to follow up the implementation of the deal and remove any obstacles to put into effect.
Follow us on
