An informed source told Al-Sharq Bloomberg:
The Libyan company "Ola Energy" intends to inject new investments worth two billion pounds into the Egyptian market during the next fiscal year 2027-2028, for the establishment of 20 integrated gas stations.
The company's total investments in Egypt amount to about 12 billion pounds, and it owns a network of about 120 gas stations, in addition to an oil mixing and production plant in Alexandria.
The new expansions aim to increase the company's expansion in the fuel distribution market and related services.
Details:
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