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The transaction gave Lekela an enterprise value of USD 1.5 bn
Author Archives: enterpriseam admin
Posted inPrivatization
Telecom Egypt stake sale postponed on market volatility -Asharq
Global markets are on edge following collapse of US mid-sized lenders
Posted inPrivatization
EgyptAlum could receive investment from Emirati aluminum company
EgyptAlum is exploring all options, company says following minister’s comments
Posted inLEGISLATION WATCH
Gov’t to increase borrowing as MPs approve wage, pension hikes
Gov’t to borrow EGP 85 bn to meet debt servicing costs in 4Q 2022-2023
Posted inStartup watch
Edtech platform Almentor raises USD 10 mn in pre-series C round. PLUS: Acasia Ventures invests in Credable.
The money will be used to launch in Saudi Arabia and build out its B2C segment
Posted inMoves
Hisham Ezz Al Arab reappointed CIB chairman for new 3-year term
Ezz Al Arab’s term will end in March 2026
Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows: Egyptian Women’s Day and a conversation with Hisham Ezz El Arab
Imprisoned debtors to be released before Ramadan, El Sisi says
Posted inAlso on our Radar
Egypt to purchase 4 mn barrels of crude from Iraq
Egypt’s state oil company will purchase 2 million barrels in each of June and August