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Infrastructure 
State puts out welcome mat for private business, looking to net USD 40 bn in investment over four years
The state wants to attract USD 10 bn in fresh investment annually over an unspecified four-year period by opening the…
Abu Auf pushes IPO plans to 2H 2022 on war worries
Healthy food brand Abu Auf’s parent company AUF is pushing its planned EGX debut to the second half of 2022,…
Has Netflix subscriber growth peaked?
Netflix saw nearly a quarter of its value wiped out after losing subscribers for the first time in a decade:…
Galina plans EGP 500 mn private placement, could resurrect IPO
Galina could revive its IPO plans: Agrifood player Galina Holding could go ahead with a public share sale on the…
THIS EVENING: IMF’s latest growth projections has good news for Egypt + Vodafone Egypt acquires 10% stakes in Bee and Masary
Good afternoon, wonderful people. It’s still a moderately busy day, with capital market news from the homefront gathering pace this…
Planet Finance: Standard Chartered is pulling back from MEA, but still wants to enter Egypt
Standard Chartered plans major exit in MEA markets — but still wants to enter Egypt: Standard Chartered is completely shutting…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
Dubai utilities firm makes USD 6 bn debut + Surprise: War in Europe is bad for global trade
DEWA pulls off one of the biggest IPOs since Aramco: Dubai’s main utilities firm DEWA has raised USD 6.1 bn…
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