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Al Okla repays Egyptian Refining debt
Al Malka for Financial Investments company announced that its subsidiary, the Egyptian Refining Company, has fully repaid its main debts, enabling it to distribute profits to shareholders if the General Assembly decides to do so. It clarified that the Egyptian Refining Company is in the process of paying off $200 million of its secondary debts. Additionally, it recorded profits of approximately $375 million during the first half of 2026, including about $60 million in June, while it incurred losses in the first half of 2025.
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