Many Arab countries will invest heavily in petrochemical industry

December 26 Cairo reported that UAE Energy Minister Muhammad bin Zaan Khamili told reporters in Cairo on December 25 that many Arab countries - including the United Arab Emirates - will rely on their huge oil and gas Reserves to invest in the petrochemical industry on a large scale.
Hamili said Arab countries, including oil exporters, are working hard to expand economic and trade cooperation.
Arab oil ministers attended the 85th meeting of the Arab Petroleum Exporting Countries in Cairo, Egypt, on December 25.
Hamili said that an important result of this meeting was to further support the oil cooperation within the Arab world.

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