Tag: army
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Accusing the army of stealing oil in Nigeria…a decisive response from the “Navy”
Oil theft in Nigeria is still a thorn in the back of the owner of the largest oil and gas reserves in Africa, which deprives it of revenues of millions of barrels per day. In the latest developments in this regard, the leader of the Niger Delta region (rich in oil) accused the armed forces…
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The UAE may cancel the purchase of a national fuel company affiliated with the Egyptian army (private)
The UAE deal to buy a national fuel company affiliated with the Egyptian army is threatened with failure, especially since negotiations have almost stalled since mid-April (2023), and news has spread about the existence of financial disputes that prevent the completion of the deal. The fuel company came at the top of the list of…
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In numbers… Financial disputes delay the UAE’s purchase of a national fuel company affiliated with the Egyptian army (private)
Egypt placed a national fuel company at the top of the list of government offerings that it recently revealed, but financial disputes with major investors delayed the settlement of the deal. Last February, Egypt announced a list of 32 companies that it intends to offer on the stock exchange, in a plan aimed at raising…
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A company affiliated with the army is at the forefront.. Egypt is close to selling shares in fuel companies
Egypt has placed a number of fuel companies, including the “Wataniya” fuel company affiliated with the military, at the forefront of the companies whose stakes are to be sold in the coming months. In this context, the Sovereign Fund of Egypt included 5 companies in the Pre-IPO Fund, in preparation for selling stakes ranging between…
