{"id":626518,"date":"2018-07-04T04:18:32","date_gmt":"2018-07-04T04:18:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/"},"modified":"2018-07-04T04:18:32","modified_gmt":"2018-07-04T04:18:32","slug":"qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/","title":{"rendered":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program"},"content":{"rendered":"

<\/a> IPO WATCH- Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program: <\/strong>Qalaa Holdings is planning to list a number of its subsidiaries on the EGX over the next five years, beginning with the initial public offering of TAQA Arabia in 3Q2019 followed by the offering of around 30% of the Arab Refining Company before the end of the year, Qalaa Chairman Ahmed Heikal told Al Mal in an interview<\/a>. The Arab Refining Company is the largest shareholder in Qalaa\u2019s nearly USD 4 bn Egyptian Refining Company in Mostorod.<\/p>\n

Qalaa plans to list all of its eight existing subsidiaries on the bourse<\/strong> before the end of 2023, including river transport-focused Nile Logistics. Dina Farms and ASCOM are up for listing in 2020, while Tawazon, the National Development and Trading Company, the National Printing Company, and the United Foundries Company will IPO in 2021 and 2022.<\/p>\n

Qalaa will retain controlling stakes in all eight companies, <\/strong>according to Heikal, who says the offerings will help raise enough capital for Qalaa to pay off its debts, which currently stand at around USD 270 mn. Heikal also said that Qalaa will not be taking on any more debt over the coming five years, unless it enters into another large-scale project like the Egyptian Refining Company (ERC).<\/p>\n

Further divestments in the pipeline: <\/strong>Having sold a number of non-core investments in recent years, Qalaa is now working to sell its stakes in Algerian cement maker Zahana, civil works contractor ESACO, and medical services provider Allmed<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program: Qalaa Holdings is planning to list a number of its subsidiaries on the EGX over the next five years, beginning with the initial public offering of TAQA Arabia in 3Q2019 […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626518","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"86cbbe08-5bc5-499b-8f3e-dda9775c939c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[626507],"teaser":"","voice_url":""},"yoast_head":"\nQalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program - 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\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program: Qalaa Holdings is planning to list a number of its subsidiaries on the EGX over the next five years, beginning with the initial public offering of TAQA Arabia in 3Q2019 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-04T04:18:32+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program\",\"datePublished\":\"2018-07-04T04:18:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\"},\"wordCount\":277,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\",\"name\":\"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-07-04T04:18:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/","og_locale":"en_US","og_type":"article","og_title":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program","og_description":"IPO WATCH- Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program: Qalaa Holdings is planning to list a number of its subsidiaries on the EGX over the next five years, beginning with the initial public offering of TAQA Arabia in 3Q2019 […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-07-04T04:18:32+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program","datePublished":"2018-07-04T04:18:32+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/"},"wordCount":277,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/","name":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-07-04T04:18:32+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/qalaa-to-list-shares-of-taqa-arabia-and-the-parent-company-of-erc-before-end-of-2019-as-part-of-five-year-ipo-program\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":594134,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/qalaa-holdings-to-ipo-taqa-arabia-arab-refining-company-next-year\/","url_meta":{"origin":626518,"position":0},"title":"Qalaa Holdings to IPO TAQA Arabia, Arab Refining Company next year","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"IPO WATCH- Qalaa Holdings to kick off four-year IPO program next year by listing shares of TAQA Arabia, ARC: Qalaa Holdings is planning to move ahead with the IPO of several of its subsidiaries next year, with IPO of TAQA Arabia scheduled to take place in 2Q 2020 and the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/EGX-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600100,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/qalaa-will-not-sell-shares-in-arc-and-taqa-arabia-when-they-ipo\/","url_meta":{"origin":626518,"position":1},"title":"Qalaa will not sell shares in ARC and TAQA Arabia when they IPO","author":"enterpriseam admin","date":"20 January 2019","format":false,"excerpt":"CLARIFICATION- Qalaa will not sell shares in ARC and TAQA Arabia when they IPO: Qalaa Holdings is planning to go ahead with an IPO of Arab Refining Company (ARC, the largest shareholder of the Egyptian Refining Company) and TAQA Arabia as early as 2020, but will not sell down its\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604410,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/qalaa-looking-at-early-2020-listing-of-taqa-erc\/","url_meta":{"origin":626518,"position":2},"title":"Qalaa looking at early 2020 listing of TAQA, ERC","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"IPO WATCH- Qalaa looking at early 2020 listing of TAQA, ERC: Qalaa Holdings could IPO subsidiaries TAQA Arabia and the parent company of Egyptian Refining Company by early 2020, Managing Director Hisham El Khazindar said, according to Amwal Al Ghad. El Khazindar\u2019s remarks come as the outlook for equity offerings\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622593,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/qalaa-could-list-taqa-erc-in-4q2019-says-heikal\/","url_meta":{"origin":626518,"position":3},"title":"Qalaa could list TAQA, ERC in 4Q2019, says Heikal","author":"enterpriseam admin","date":"8 October 2018","format":false,"excerpt":"** #3 IPO WATCH- Qalaa could list TAQA, ERC in 4Q2019, says Heikal: The reasonable assumption on a date for the listing of Qalaa Holdings\u2019 TAQA Arabia and the parent company of the Egyptian Refining Company (ERC) should be 4Q2019, market conditions permitting, said Qalaa Holdings Founder and Chairman Ahmed\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/1009.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569742,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/05\/qalaa-hires-grant-thornton-for-taqa-arabia-fair-value-study\/","url_meta":{"origin":626518,"position":4},"title":"Qalaa hires Grant Thornton for TAQA Arabia fair value study","author":"enterpriseam admin","date":"5 March 2020","format":false,"excerpt":"IPO WATCH- Qalaa hires Grant Thornton for TAQA Arabia fair value study: Qalaa Holdings has hired audit and advisory firm Grant Thornton to conduct a fair value assessment ahead of the IPO of its subsidiary TAQA Arabia, scheduled to take place in 2Q2020, the local press reports, citing informed sources.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624318,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/qalaa-in-talks-to-increase-stake-in-erc-through-capital-increase\/","url_meta":{"origin":626518,"position":5},"title":"Qalaa in talks to increase stake in ERC through capital increase","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"** #6 Qalaa Holdings is in talks to increase its stake in the Egyptian Refining Company (ERC) through a capital increase, Managing Director Hisham El Khazindar said yesterday. The refinery is now 98% complete and is expected to be a major driver of revenue expansion starting next year. El Khazindar\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=626518"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626518\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626507"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626518"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626518"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}