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Telecom Egypt sale wraps
The sale was more than 3x oversubscribed
ADES International, Aramco Trading reportedly push Saudi IPOs
Gulf IPOs are down this year amid a decline in oil prices
Gov’t sells 10% stake in Telecom Egypt
The government raised USD 129 mn in the sale, according to reports
Telecom Egypt sale is back on
The government will be selling shares at a 3.8% discount from current share price
Is ADQ about to snap up a stake in Elab?
Elab could reportedly see a stake sale before the end of May
Orascom Investment Holding becomes strategic investor in light EV company BluEV
BluEV operates a network of battery-swapping stations for light electric vehicles
SFE buys 49% of El Ezaby, launches pharma logistics firm with B Investments
El Ezaby wants to double its branch count to 600
Offers for Safi + Wataniya coming this month, says cabinet
The government wants to raise USD 2 bn from asset sales by June
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