BP and Shell strike new deals as oil majors return to Libya
BP and Shell have signed fresh agreements with Libya’s National Oil Corporation, marking a major step in the return
GAC Group will localize car production in Egypt under a deal signed with Jameel Motors, aiming to tap Africa’s growing auto market. The CKD project, set for mass production in late 2026, will include welding, assembly, and inspection lines, generating over $80 million annually and 1,000+ jobs. Egypt, Africa’s third-largest car market, is key to GAC’s global strategy, said Chairman Feng Xingya.
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