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Valuation dispute puts Saudi United Bank acquisition at risk
Saudi wealth fund takeover of United Bank in jeopardy? The Public Investment Fund (PIF) has reportedly hit ‘pause’ on talks…
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
THIS MORNING: The FinMin took its debut sukuk issuance to market yesterday
Good morning, everyone, and welcome to a fairly brisk news morning. THE BIG STORY here at home: The Finance Ministry’s…
Sovereign Fund of Egypt reportedly eyeing a minority stake in El Ezaby
In partnership with an unnamed investment firm
The Enterprise 2023 Reader Poll: More of you are feeling downbeat about our economic prospects as headwinds mount
2022 was not a great year for business — and there’s uncertainty on what the future holds
Egypt weathered the global M&A slowdown last year
Deal count remained more or less flat at 242 transactions
THIS MORNING: Investors to wrap up sukuk roadshow tomorrow
Good morning, wonderful people, and happy Sunday. We hope your weekend was relaxing and that you’re looking forward to a…
Adnoc Distribution closes acquisition of 50% of TotalEnergies Egypt
The acquisition marks Adnoc’s entry into the Egyptian fuel distribution market
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