Tag: purchase
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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…
