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BP to invest USD 3.5 bn in Egypt in 3 years. PLUS: latest on Middle East Glass, Cairo-Tokyo flights + new education visas
BP CEO Bernard Looney held talks with President Abdel Fattah El Sisi yesterday
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
Gov’t to sell up to 15% stake in Eastern after receiving interest from multiple investors
Eastern is willing to sell down just under a third of its 51% stake
THIS EVENING: CIHC studying bids for 30% of its stake in Eastern Company + Unemployment inches down in 2Q 2023
Good afternoon, wonderful people, and welcome to a busy hump day. Where yesterday was largely dominated by M&A news, today…
Due diligence on United Bank hasn’t started yet, says CBE
Due diligence will begin by the end of September, central bank says
Philip Morris mulls minority stake in Eastern Company -Asharq Business
Eastern and the Philip Morris subsidiary are the only two local cigarette manufacturers
A Chinese firm wants to acquire a state-owned textiles company. PLUS: News from Emaar Misr + Cairo airport
Kingdom Holdings plans to set up its own factory in Egypt if acquisition talks with the government fail
Dragon Oil wants a piece of the Nargis EastMed concession
Dragon Oil could purchase a 20% stake in the field from the US energy giant
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