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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…
MENA AI funding hits USD 858 mn in 2025, led by the UAE and Saudi Arabia
AI-native firms secured USD 589 mn, amounting to 69% of all AI funding
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
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…
Plan B for AlexBank?
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
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
Beltone Holding finalizes EUR 197.6 mn acquisition of Baobab Group
Good afternoon, friends, and happy hump day. All eyes are on the House of Representatives…
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…
Dutch court slams brakes on Orascom merger
The court sided with minority shareholders, citing conflicts of interest
Debt
FinMin finalizes new medium-term debt strategy
Good afternoon, friends, and happy hump day. We hope you savored your morning brew,…
IFC channels USD 208 mn into green finance, SMEs, and supply chains
The package adds to nearly USD 10 bn of IFC investment in the country…
Markets are pricing Trump volatility over macro indicators into the world’s reserve currency
The greenback’s safe-haven premium faces a political reality check
Retail trading of government T-bills and bonds on the secondary market begins today
Hello, and a good morning to you all. As we gear up — or…
Gov’t to end privatisation hiatus with two companies set to debut on EGX next month
Good afternoon, folks, and happy hump day. Today’s issue brings news of a rekindled privatization…
Gov’t to add 13 new companies to privatization program
🧣 Good morning, friends, and congratulations on making it to the weekend. It’s been a…
13 firms added to privatization list + FinMin weighs property tax suspension extension
🎁 Good afternoon, friends, and happy Christmas Eve. The news cycle seems to be picking…
Privatization to pick up steam in 1Q 2026 as stock market incentive package nears completion
The exact dates are still being finalized, taking into account the year-end close and the…
Macro + Economy
IMF’s 25 Feb board meeting could unlock USD 2.3 bn for Egypt
Good morning, folks. In today’s packed issue, there’s little sign that the business community is…
Gov’t puts EGP 40.3 bn behind Ramadan support, promises broader wage, tax changes in July
Gov’t unveils a two-phase plan combining immediate cash support with summer wage and tax reforms.
Egypt’s digital banks are coming soon
Banque Misr and CIB eye their digital arm debut later this year
Central Bank of Egypt resumes easing cycle with 100 bps rate cuts in line with expectations
The central bank cited easing inflation and an improved outlook for its move