UAE’s Mubadala seeks energy, decarbonisation projects in Egypt

Abu Dhabi’s sovereign investor Mubadala Investment Company is looking to expand in Egypt through new investments such as energy and decarbonisation projects, CEO Mansoor Al-Hamed stated on Thursday.

Al-Hamed’s remarks came during a meeting with Egyptian Minister of Petroleum Tarek El-Molla, where they both covered the company’s current projects in Egypt in natural gas exploration and production in the Mediterranean and Red Seas.