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The Finance Ministry has trimmed next year’s growth outlook to 4.1%
Author Archives: enterpriseam admin
Posted inM&A WATCH
Saudi investors could bid for AAIB’s stake in Palm Hills -report
This comes on the heels of news in February that AAIB was looking to sell its entire stake in PHD to Emirati investment company Al Ain Holding.
Posted inPrivatization
Compass Capital could launch new bid for Pachin as Eagle Chemicals’ MTO goes live
Shareholders have until 12 April to respond to Eagle Chemicals’ and NPH’s rival offers
Posted inInvestment Watch
Spinneys to open 12 new branches by mid-2024
The supermarket chain will spend EGP 450 mn on the expansion
Posted inCabinet watch
Egypt to ease payment terms for industrial land purchases. PLUS: Bosch subsidiary + Turkey’s Beko get golden licenses
Investors will pay a 10% down payment and get a two-year grace period
Posted inInfrastructure
We’ll know who’s bidding in the upcoming desalination tenders in the next 10 days. PLUS: Alex Metro tender winners announced in 2 weeks.
Up to four plants will be tendered in June + gov’t mulling more PPPs in water, sewage and electricity distribution
Posted inMoves
EFG Hermes appoints Ali Afifi as vice president at EFG Hermes Research
Afifi has some 9 years of experience in the field of equity research.
Posted inKudos
Law firms recognized at Chambers Middle East Awards
Youssef & Partners and Matouk Bassiouny & Hennawy walk away with awards