Riyadh-Based Aldrees Requests to Acquire Service Stations in Egypt

published:26/07/2021 09:14 GMT

The Riyadh-headquartered Aldrees Petroleum and Transport Services Co. (Aldrees) has submitted a request to acquire service stations in Egypt, as part of a wider plan to expand into the North African country. Argaam reported that Aldrees had not yet received a response to its acquisition query but it is planning to open 60 fuel stations in Egypt during the second half of 2021, bringing its total number of outlets to 644. At the end of last year, the company owned 584 stations. Earlier this...More