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Ezz Steel looks to acquire gov’t-owned shares of Ezz Dekheila Steel
The company would acquire 14% of Ezz Dekheila from the National Investment Bank and the National Bank of Egypt
Proparco commits USD 5 mn to Disruptech. PLUS: Cairo hosts counterterror forum.
Disruptech has so far invested 40% of its capital in tech startups
An investment firm led by AIH’s chairman wants to acquire minority stakes in two AIH subsidiaries
JAF Investment is eyeing 30% stakes in UE Finance and Rawaj Consumer Finance
The EGX for Dummies
Your starter guide to investing in Egyptian securities:As banks across the country promise unprecedented interest rates through high-interest certificates of…
Avanz to launch low-carbon fund in 2024. PLUS: CIB share trade under review, Exits gets IB license
Avanz Capital Management will launch an EGP 1 bn Egypt-focused fund within two months
Toyota Tsusho could set up a car factory here
The company wants to establish two factories in Africa producing a combined 200k cars a year
Pachin has new Emirati owners
Pachin shareholders owning 19 mn shares have agreed to sell at EGP 39.8 per share
Saudi electronics retailer Extra shelves Egypt expansion plans
The decision will hit the company with c. EGP 314 mn in sunk costs
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