Petroleum: New Saudi investments in aircraft refueling in Egypt

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, received the Executive Director of the Saudi Arabian Petroleum Supply Company (APSCO) Mohammed Ali Reda and his accompanying delegation. Its strong desire remained to pump investments in this field in Egypt, first at Cairo International Airport and then at the rest of the Egyptian airports.

During the meeting, Al-Mulla said that the Saudi company has great experience in the field of aviation fuel and lubricants that extends for more than 70 years. digital, emission reduction, etc.

The Minister of Petroleum added, in a press statement, today, Friday, that Egypt has distinct opportunities to expand the field of aircraft refueling, especially in light of the recovery of tourism activity, whether inside or outside Egypt.

The Minister of Petroleum with officials of a Saudi company

The meeting witnessed a review of the activities of the Saudi company, which carries out aircraft catering activity in more than 40 airports, whether in the Kingdom of Saudi Arabia or in the Middle East and Africa regions. The company is in Egypt during the coming period and plans to expand its activities globally in cooperation with Misr Petroleum Company.

For his part, the CEO of APSCO confirmed that it puts Egypt at the top of its list of priorities to expand its activities in new regions around the world, and that it intends to pump large investments into the Egyptian market, especially in the field of aircraft catering, pointing to the great support that the company receives from the Saudi government to enter the Egyptian market.

side of the meeting
side of the meeting

The meeting was attended by geologist Alaa Al-Batal, CEO of the Petroleum Authority, accountant Khaled Othman, vice president of the authority for internal trade and supervisor of foreign trade and accounting Heba Abdel Qader, assistant vice president of the authority for foreign trade, and from the Saudi side, Dr. Business and company sustainability.

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