Your top 5 pieces of business and economic news in January

Your top 5 pieces of business and economic news in January:

• Vodafone Group confirmed it plans to exit Egypt by offloading its stake in Vodafone Egypt to Saudi Telecom.
• Israel began pumping natural gas shipments to Egypt, almost two years after the countries signed the landmark USD 15 bn agreement.
• Egypt’s governmentto press pause on USD-denominated eurobond issuances for the rest of FY2019-2020, and will instead rely on green bonds, EUR-denominated eurobonds and sukuk.
• The Finance Ministry expects to reduce its debt-to-GDP ratio to 83% by the end of FY 2019-2020, beating the budget’s 89% target, it says in a presser.
• Banque du Caire is on track to IPOin 1H2020, following a successful roadshow.