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Infrastructure 
Egyptian-French consortium submits proposal to manage Egyptian airports
Good afternoon all you wonderful people, and welcome back to the workweek. Get ready for the latest on our privatization…
United Bank sets IPO plans in motion with private placement starting today
The total offering could see the bank raise up to EGP 5.1 bn
Gov’t lays out privatization targets for fiscal year
Good morning, folks. Unlike the weather, local business news is continuing to heat up this week. In another packed issue…
United Bank eyes raising up to EGP 5.1 bn in upcoming IPO
The upper limit of the indicative price range gives the bank a market cap of up to EGP 17.2 bn
Government to unveil revamped privatization program before December
PLUS- The EGP is a “truly flexible” currency
United Bank announces intention to float
The bank plans to sell a 30% stake on EGX before the end of the year
Investment Minister Hassan El Khaitb will manage the SFE following legislative amendments
Under the amendments the fund will also be directly under the cabinet’s control and deemed a cabinet-affiliated fund
Private investors to manage five major Egyptian airports in the first phase of privatization plans
The airports will remain under the sovereignty of the Egyptian state
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