Egypt Gas Caps Bioethanol Stake at 7.5% with $3.18M Contribution

Egypt Gas Caps Bioethanol Stake at 7.5% with $3.18M Contribution

Egypt Gas has decided to limit its contribution to $3.18 million in the capital of the Egyptian Company for Bioethanol, which totals $42.4 million. As a result, Egypt Gas’s share in the Egyptian Company for Bioethanol is now 7.5%.

This came during meeting no.6 of 2024 of the Board of Directors at Egypt Gas, in which the company approved the financial statement for the financial period ending on March 31, 2024, according to a document submitted to the Egyptian Stock Exchange (EGX) website.

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Sarah Samir 3501 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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