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Abu Qir to sell 10-15% secondary stake on EGX this month
Abu Qir Fertilizers will sell an additional 10-15% of the company in a secondary offering on the EGX later this…
Enterprise Explains: Conglomerate breakups
Corporate break-ups are in vogue these days. Here’s why: Over the course of less than two weeks in November, General…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
CIB + NBE take further steps for financial inclusion
CIB will allow clients to open bank accounts without proof of income under a new type of account dubbed Bedaya…
A slice of the GBP 2 bn pie?
Could Egypt get a slice of CDC’s planned GBP 1.5-2 bn in annual investment between 2022 and 2026? CDC Group,…
DP World has another USD 25-35 mn lined up for Ain Sokhna port
Emirati port operator DP World will invest USD 25-35 mn in Ain Sokhna seaport over the next 2-3 years, DP…
Egypt’s remittance inflows on track to hit record high this year + outpace MENA peers
Remittance inflows to Egypt are on course to hit a record high this year as higher oil prices and the…
We still don’t know if Ezz Steel is acquiring a stake in Egyptian Steel
MARKET NEWS- Ezz Steel’s alleged acquisition of a stake in Egyptian Steel is still unconfirmed: Early reports that Ezz Steel…
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