{"id":604362,"date":"2018-12-02T04:14:45","date_gmt":"2018-12-02T04:14:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/02\/qalaa-to-invest-egp-30-bn-over-three-years-says-heikal\/"},"modified":"2018-12-02T04:14:45","modified_gmt":"2018-12-02T04:14:45","slug":"qalaa-to-invest-egp-30-bn-over-three-years-says-heikal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/02\/qalaa-to-invest-egp-30-bn-over-three-years-says-heikal\/","title":{"rendered":"Qalaa to invest EGP 30 bn over three years, says Heikal"},"content":{"rendered":"

INVESTMENT WATCH- Qalaa to invest EGP 30 bn over three years:<\/b> Qalaa Holdings is planning to invest EGP 30 bn over the coming three years, Chairman Ahmed Heikal said<\/a>. That includes capital earmarked for subsidiary Egyptian Refining Company\u2019s USD 4.3 bn refinery in Mostorod, which is currently around 98% complete, according to Heikal. The chairman had previously said<\/a> that the refinery is set to become fully operational by May of next year. Heikal was tight-lipped about the remainder of his company\u2019s planned investments.<\/p>\n

TAQA Arabia, Hassan Allam to inaugurate EGP 1.35 bn Benban solar plant next month:<\/b> Qalaa subsidiary TAQA Arabia and Hassan Allam Holding are also expecting to inaugurate their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex next month, Heikal said, according to Al Mal<\/a>. Qalaa had said in August<\/a> that trial operations were expected to begin by year\u2019s end, with commercial operations ramping up early in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Qalaa to invest EGP 30 bn over three years: Qalaa Holdings is planning to invest EGP 30 bn over the coming three years, Chairman Ahmed Heikal said. That includes capital earmarked for subsidiary Egyptian Refining Company\u2019s USD 4.3 bn refinery in Mostorod, which is currently around 98% complete, according to Heikal. The chairman […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[2391,72,125,613,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604362","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egyptian-refining-company","tag-enterpriseam","tag-investment-watch","tag-qalaa-holdings","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0c0436f4-ecb5-4b76-8580-a681e5d48191","order":"0","is_powered_by":true,"section_story_id":"88ef3af6-d062-4512-8ed1-bcaabc8b4f78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604347],"teaser":"","voice_url":""},"yoast_head":"\nQalaa to invest EGP 30 bn over three years, says Heikal - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/02\/qalaa-to-invest-egp-30-bn-over-three-years-says-heikal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qalaa to invest EGP 30 bn over three years, says Heikal\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Qalaa to invest EGP 30 bn over three years: Qalaa Holdings is planning to invest EGP 30 bn over the coming three years, Chairman Ahmed Heikal said. 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