Deals

Abu Dhabi Oil Giant Mulls Stake in Egypt’s First Army Firm Offer

  • Adnoc looks at working with Egypt wealth fund to own Wataniya
  • Country is opening up new part of economy to private investors
Photographer: Christophe Viseux/Bloomberg
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Abu Dhabi National Oil Co. is among suitors interested in a majority stake in one of the first Egyptian army-held companies being offered to investors, according to people familiar with the matter.