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A solid year for M&A
It wasn’t “The Year of M&A,” but there was plenty of action and drama. After two years of y-o-y growth…
Qalaa looking at Africa, says ERC still in talks on debt restructuring
Qalaa Holdings is looking to expand its investments in African mining and energy firms, including in Tanzania, Mozambique and Ghana,…
Eni commits USD 1 bn to oil exploration in Suez Gulf + Nile Delta
Eni to invest at least USD 1 bn on oil production in Suez Gulf, Nile Delta: Italian energy firm Eni…
Get your liquidation payout
Egyptian Iron and Steel workers could soon be compensated after approval of an EGP 1.3 bn loan: The Metallurgical Industries…
Ghazl el Mahalla kicks off institutional subscription
The institutional subscription for Ghazl El Mahalla’s micro-IPO will be completed by the end of the week, the Public Enterprises…
UPDATED- ERC kicks off its debt restructuring plan
Qalaa Holdings subsidiary Egyptian Refining Company (ERC) is in talks for a debt restructuring agreement, ERC President Mohamed Saad said on…
Gov’t to begin signing off on USD 3 bn of water desalination bids in 1H2022
Gov’t to rule on USD 3 bn-worth of desalination bids in 1H2022: Al Nowais, ACWAPower, Mitsubishi, Schneider Electric, Shanghai SafBon…
Egypt in the News: Reuters looks at the carry trade, World Bank highlights natural gas infrastructure
Reuters puts the carry trade in focus this morning ahead of a year in which central banks globally are seen…
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