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More military companies up for privatization in “historic shift” for the economy
Three more military-affiliated companies will open up to private ownership in 2021, Sovereign Fund of Egypt CEO Ayman Soliman told…
Around the world on 14 December 2020
Just to raise our hackles a little bit: The chairman of DP World says that Israel is the “logical” link…
Qalaa Holdings reports 3Q2020 results
Qalaa Holdings reported a consolidated net loss after minority interest of EGP 450 mn in 3Q2020, widening its losses from…
Orascom Construction eyes infrastructure investments
Orascom Construction looks to be eyeing recurring revenue as CEO Osama Bishai tells Hapi Journal the company has appetite for…
UK-based fund expands reduces ownership in Edita to 22%
Kingsway Capital has sold 2.5% of its stake in Edita in an EGP 166.5 mn transaction, according to a regulatory…
What to expect from the debt market in early ‘21
Five companies are planning seven securitized bond issuances worth a combined EGP 9.3 bn in the near future, Financial Regulatory…
Egypt ranks third in November startup funding league table -Wamda
Egyptian startups raised USD 6.6 mn in venture capital funding last month, putting them in third place in MENA behind…
What we’re tracking on Sunday, 13 December 2020
We’ve got 19 days left until the end of 2020, and the end-of-year the news slowdown isn’t anywhere in sight…
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