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Another military-owned fuel retailer could be part-privatized
The Wataniya sale will be delayed by several weeks, Egypt’s planning minister said yesterday
Taqa wants some of Wataniya’s stations. PLUS: Blominvest now owns more of Rameda, more investments from Geidea
Taqa Arabia will submit a binding offer to acquire a number of Wataniya fuel stations
Naguib plans to invest over USD 120 mn to turn motorcycles and tuk-tuks into EVs
The project will be carried out by the e-mobility startup BluEV, which is chaired by Sawiris
China’s Befar wants to build USD 2 bn chemicals production complex
The complex will be powered by renewable energy sources and create 1k jobs
Egypt to resume LNG exports in January
Plans to export some 1 bn cubic feet per day of gas starting January
Turkish textile firm to invest USD 500 mn in new Egypt factory
The factory could lower the country’s import bill by USD 1 bn a year
EBRD interested in acquiring stakes in United Bank, Banque du Caire
The European lender has lodged interest with the sovereign fund and is waiting for clarity about the size of the…
Under new team, Beltone turns profitable in 9M 2023 after three years in the red
Successful restructuring and capital increase drove the company’s growth, Beltone said
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