Home Tech/AIIndustry & Trade Citadel in Potential Partnerships Talks to Build Mashreq’s Project in Port Said

Citadel in Potential Partnerships Talks to Build Mashreq’s Project in Port Said

by Yomna Yasser

Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in investments under control, issued today the following statement:

Citadel Capital is in non-exclusive negotiations regarding potential partnerships to build and operate a storage and bunkering terminal in Port Said, Egypt, for core platform company Mashreq.

In the event that Citadel Capital should choose a partner with whom to build and operate such a facility via Mashreq, it will promptly disclose the existence of any such agreement in accordance with the disclosure regulations of the Egyptian Exchange (EGX).

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