{"id":627502,"date":"2018-06-04T04:06:40","date_gmt":"2018-06-04T04:06:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/castrol-taqa-engine-oil-jv-to-be-set-up-with-egp-20-mn-capital\/"},"modified":"2018-06-04T04:06:40","modified_gmt":"2018-06-04T04:06:40","slug":"castrol-taqa-engine-oil-jv-to-be-set-up-with-egp-20-mn-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/castrol-taqa-engine-oil-jv-to-be-set-up-with-egp-20-mn-capital\/","title":{"rendered":"Castrol-TAQA engine oil JV to be set up with EGP 20 mn capital"},"content":{"rendered":"

INVESTMENT WATCH- Castrol-TAQA engine oil JV to be set up with EGP 20 mn capital:<\/strong> The engine oil manufacturing and distribution joint venture that BP subsidiary Castrol will establish with Qalaa Holdings\u2019 TAQA Arabia will have a capital of EGP 20 mn, Qalaa announced in a regulatory filing yesterday (pdf)<\/a>. TAQA will have a 49% equity stake in the JV. The two companies had announced on Thursday<\/a> that the JV, named Castrol Egypt Oil, will distribute Castrol products in the country and will target both the commercial vehicle and passenger car markets. TAQA is already the sole distributor of Castrol products in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Castrol-TAQA engine oil JV to be set up with EGP 20 mn capital: The engine oil manufacturing and distribution joint venture that BP subsidiary Castrol will establish with Qalaa Holdings\u2019 TAQA Arabia will have a capital of EGP 20 mn, Qalaa announced in a regulatory filing yesterday (pdf). TAQA will have a 49% […]<\/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-627502","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e5b8d2c6-e18d-4676-9dab-0854b3156cc0","order":"0","is_powered_by":true,"section_story_id":"68b09fd8-59cf-4920-96ab-ca12c80f74c4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627489],"teaser":"","voice_url":""},"yoast_head":"\nCastrol-TAQA engine oil JV to be set up with EGP 20 mn capital - 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\/06\/04\/castrol-taqa-engine-oil-jv-to-be-set-up-with-egp-20-mn-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Castrol-TAQA engine oil JV to be set up with EGP 20 mn capital\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Castrol-TAQA engine oil JV to be set up with EGP 20 mn capital: The engine oil manufacturing and distribution joint venture that BP subsidiary Castrol will establish with Qalaa Holdings\u2019 TAQA Arabia will have a capital of EGP 20 mn, Qalaa announced in a regulatory filing yesterday (pdf). 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