Wednesday 19 June 2013
 
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Citadel

Citadel to build fuel bunkering hub on Suez

Mashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort

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Citadel to build fuel bunkering hub on Suez

Mashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort

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Citadel sees higher revenues from weak currency

  Egypt's Citadel Capital hopes to raise $300 million from divesting non-core assets within three years, its chairman said, predicting that some of its businesses would benefit from an export boom because of the weak Egyptian

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Taqa starts operations at new Egypt substation

  Taqa Power, Egypt’s first privately licensed power developer and operator and a Citadel company, said it has begun operations at its 120 MVA substation in Nabq area to cater to the increasing tourist demand in South Sinai

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Citadel, QInvest in Egypt gas import JV

Citadel Capital, a leading private equity firm in the Middle East and Africa with $9.5 billion in investments under control, has set up a joint venture with Qatari investors led by QInvest to import liquefied natural gas (LNG) into Egypt startin

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ME equities prepare to exit investments

Private equity firms in the Middle East are preparing to exit a range of investments, a sign that asset markets in the region are recovering from the twin blows of Arab Spring uprisings and the global financial crisis, said experts.

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Citadel eyes $4bn Egypt investment over 3 years

Egyptian private equity firm Citadel Capital plans to invest $4 billion or more in Egypt over the next three years and has an eye on infrastructure and energy-related projects, its chairman said on Tuesday. Citadel, which focuses

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Citadel eyes Uganda oil refinery project

Egypt's Citadel Capital could be an investor in Uganda's proposed $2.5 billion oil refinery project, the Egyptian private equity firm's managing director said. Uganda, east Africa's third-largest economy, has said

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Egypt refinery project wins $3.7bn finance

Investors in an Egyptian petroleum refinery project, led by Citadel Capital and Qatar Petroleum, have secured $3.7 billion in financing for the facility, the project operator said. The financing, put together by private equity firm Citadel

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Citadel completes cement company overhaul

Citadel Capital, a leading private equity firm in Middle East and Africa with $9.5 billion in investments under control, said a key unit of portfolio firm Asec Cement has completed a significant overhaul of Zahana Cement Company in Alger

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