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Egypt to Privatise Military-Owned ChillOut Stations

Egyptโ€™s famed military-owned ChillOut fuel station franchise will be privatised through an initial public offering (IPO), announced Minister of Planning and Economic Development Hala El-Said on 3 December. The announcement, made during an interview with Asharq Business on the sidelines of COP28, marks a significant step in the countryโ€™s ongoing privatisation programme. The transaction is
Kristalina Georgieva Abdel Fattah Al Sisi Egyptian Army National Service Projects Organization Economic Development Hala El International Monetary Fund Economic Development Hala El Said

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