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Taqa Arabia to expand its fuel stations networkQalaa Holdings (formally Citadel Capital) has announced that its energy sector subsidiary Taqa Arabia aims to expand its network of fuel stations in Egypt through Taqa Oil Marketing Company. The company currently offers comprehens More… |
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Citadel Capital to delay Taqa Arabia IPOEgypt's Citadel Capital has postponed plans for the initial public offering (IPO) of its electricity and natural gas distributor Taqa Arabia because of lower valuation prospects, a senior executive said. The private equity firm, which orig More… |
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Taqa Arabia, Asec launch Sudanese JV plantTaqa Arabia and Asec Cement, both companies of Citadel Capital, a leading private equity firm in the Middle East and Africa region, officially inaugurated their JV plant, Berber for Electrical Power, in Sudan. The new plant’s 42 MW power g More… |
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Taqa Arabia in $140m Yemen power projectTaqa Arabia, an energy distribution subsidiary of Citadel Capital, said on Thursday it would install a $140-million power project in Yemen, as part of an expansion strategy in the Middle East and Africa. Construction of the 70-megawatt pro More… |
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Taqa Arabia, Asec Cement in Sudan powergen JVGlobal Energy, the power arm of Taqa Arabia, has concluded an agreement to create a joint venture power-generation operation in Sudan in partnership with Asec Cement and the Sudanese Pension Fund. The new venture, Berber for Electrical Pow More… |
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Taqa Arabia near $167m Libya gas dealCairo-based private equity firm Citadel Capital said a gas firm in which its has invested is in final negotiations with a joint venture partner on a contract in Libya, Citadel said on Wednesday. The 118 million euro ($167.6 million) contra More… |
