Business
Home / Business
Investments
Gov’t signals privatization is war-proof with plans to temporarily list 13 companies this month
Thirteen pharma, logistics, industry, and finance companies will file for temporary listings this month
Government looks to transfer EgyptAlum, Heliopolis Housing, Abu Qir, Mopco, and others to the Sovereign Fund of Egypt
By consolidating companies under the fund, the government expects to secure higher-value partnerships than it…
Egypt moves to offer up 62 hospital investment projects to private sector in major healthcare overhaul
Investment prospects include Galala Hospital, Sheikh Zayed Specialized Hospital, Agouza Hospital, and New Alamein Hospital
Beltone Holding rolls out private equity platform
The platform will be led by Beltone Venture Capital CEO Ali Mokhtar
IPO
Bosta may soon be delivering itself to the EGX
A warm morning to you all, and welcome to another packed issue with everything from…
Is Egypt looking to exit its stake in AlexBank via IPO?
FinMin is targeting proceeds of USD 625-700 mn from the sale, sources tell us
Is Gourmet the next Spinneys UAE, and will regional investors bite?
The headline today isn’t the listing, it's the valuation and appeal to investors
Trading volume could become the new currency for EGX tax breaks
Companies will be put on a sliding scale, with the amount of shares floated and…
M&A
Cabinet seeks private capital to fuel industrial growth
Good morning, friends. It is day three of the war in the Gulf, and Egypt…
MENA’s M&A surge is about buying global supply chains and tech dominance
Cross-border activity accounted for 61% of dealvalue
Beltone completes EUR 197.6 mn Pan-African Baobab acquisition
Baobab brings immediate scale and infrastructure, with around 50% of its lending already disbursed digitally
Orascom Construction shareholders approve OCI deal, but the seller can’t sign yet
The company has signaled that the transaction has effectively cleared every hurdle that matters in…
Debt
Fiscal pressures mount for Egypt as CDS levels rise
Good morning, friends. The situation in Egypt remains calm as week one of the…
Maait says IMF studies will shape upcoming program evaluations
The IMF’s response will depend on the scale and duration of the impact
Citizen Bonds’ EGP 2 bn first week debut shows banks may have to raise rates to keep depositor base
While Citizen Bonds may pose a challenge to banks, gold’s appeal will remain unaffected
Strong first-day uptake for Citizen Bond
Good morning, all. Today, we’re looking at a major shift in how the state…
Egypt readies Nile-front development plan to address hotel room shortage and divestment progress
The move is part of a wider plan that also includes a Nile-side financial and…
Egypt bets on 20-company list to break the privatization hiatus
20 legacy companies are on the table for the next wave of listing
Egypt to centralize historic hotels under Sovereign Fund of Egypt
The full plan is expected to be finalized before the end of the first half…
EXCLUSIVE- Egypt is looking to raise USD 10.3 bn from state asset sales by the end of FY 26-27
Egypt requires around USD 6 bn to fulfill its commitments under the economic reform program
Macro + Economy
EGP slides, EGX rally stalls, and derivatives trading launches for the first time
Good morning, friends, and congratulations on making it to the weekend after what has been…
USD crosses EGP 50 mark as CBE lets currency absorb after war Iran outflows
Yesterday witnessed foreign outflows hitting USD 885 mn
Few silver linings in February PMI as Egyptian private sector contraction accelerates
One bright spot was construction, which was marked as the only sector to report an…
EGP steadies following USD 2.3 bn IMF inflow
Good afternoon, friends. It’s another busy day in the press, and the news cycle isn’t…