Egyptian businessman Ahmed Heikal's Qalaa Holdings to raise $74 million to clear bank debts and double refinery stake
Billionaires Africa | 06.10.2026 00:11
Egyptian tycoon Ahmed Heikal’s Qalaa Holdings is seeking shareholder approval for an EGP3.87 billion ($74 million) capital increase to expand its stakes in two Egyptian energy companies and support the investment firm’s ongoing financial restructuring.
