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Tag: Private Sector
adnoc

Adnoc, Taqa Arabia in the running for a stake in Wataniya Petroleum

Posted: December 20, 2020 at 12:38 pm   /   Oil & Gas

Adnoc, Taqa Arabia in the running for Wataniya: A number of investors at home and abroad have expressed interest in acquiring a majority stake in the military-owned oil distribution company Wataniya Petroleum, Bloomberg reported on Thursday. Buyer #1: State-owned Abu Dhabi National Oil Company (Adnoc), which produces most of the UAE’s oil, is interested in […]

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SFE

Egypt’s Sovereign Fund offers Wataniya Petroleum for private investment

Posted: December 15, 2020 at 3:28 pm   /   Oil & Gas

Safi, Wataniya Petroleum are up first in Egypt’s plan to partially privatize military-owned companies: The Sovereign Fund of Egypt (SFE) decided that Wataniya Petroleum and the National Company for Producing and Bottling Water (Safi) as the first two subsidiaries of the National Service Products Organization (NSPO) the fund will move to privatize, Planning Minister and […]

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solar

Private sector companies invited to bid in bumper solar tender

Posted: December 5, 2020 at 9:00 pm   /   Renewables

Private sector companies will be invited to bid in a new tender to construct solar projects with a combined capacity of 550 MW, Al Mal reports, citing sources in the Energy Ministry. The combined cost of the plants is expected to come at EGP 9.5 bn (c. USD 600 mn), the sources said without disclosing […]

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