Cairo - Mubasher: Qalaa Holdings announced that its subsidiary, Mashreq Company, runs negotiations with the General Authority for Economic Zone of the Suez Canal to cancel franchisee agreement.
Through this agreement, Mashreq was supposed to handle the establishment, management and operating liquid bulk station (2) in East Port-Saied port and redelivering it.
The company added that this will be with mutual consent, as the General Authority will committed to reimbursement of costs paid by Mashreq on the project.