VOL. XXXVII

NO.4

25-OCTOBER-1993

Egypt

Egyptian OilInvestments Amount To $122.5Mn In 1H 1993

Oil investments bythe Egyptian public sector amounted to Eœ416.2mn ($122.5mn at the currentexchange rate of $1.00=Eœ3.3983) during the first half of 1993, as comparedwith Eœ379.7mn ($111.7mn) during the corresponding period of 1992, according toa recent issue of al-Bitrul magazine published by the Egyptian General PetroleumCorporation (EGPC). The breakdown of these investments by type of operation isas...