Libya has plans to increase investment in Egypt, according to a report from Libya Herald.
Egypt's Head of Information, Culture and Antiquities, Omar Al-Gawairi told Al-Arabiya:
“Libyan investment in Egypt will exceed $10 billion, mainly through the establishment of an oil refinery near the Libyan border at Mersa Matrouh and investment in electricity production.”
The final details had now been agreed, he explained.
(Source: Libya Herald)
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