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State exits microfinance player Tamweely after EGP 2.8 bn buyout by int’l consortium
The acquisition comes just ahead of our fourth IMF loan program review in late September
Could the private sector help revive state-owned tire maker Trenco?
The government is looking to team up with the private sector to revive and develop Trenco with investments of USD…
ITIDA, Telecom Egypt, and Nokia to establish internet protocol center of excellence in Cairo. PLUS: Emirates NBD Egypt, Arab Contractors, Antipollution Egypt, Schindler, EgyptAir + Air Cairo + Nesma
The center will initially export digital services to over 60 countries in the MEA region
SFE to start offering former ministerial HQs to investors in 2H 2024
A number of local and foreign investors have already submitted offers
Wataniya gets seven suitors + SFE’s industry sub-fund to launch in July
The government is filtering the offers for the long-awaited stake sale and will select one soon
THIS EVENING: Wataniya gets seven local and international suitors to acquire the state-owned fuel retailer
Good afternoon folks, happy almost-Thursday. The newscycle is starting to pick up as we come close to the end of…
House gave preliminary approval to bill allowing private investors to manage public health facilities
Foreign medical staff will not be allowed to exceed 25% of total staff members
Cabinet to set up a unit dedicated to state-owned companies
The unit will work to implement the state ownership policy with clear timelines and targets
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