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Egypt targets USD 6.5 bn from the privatization program in 2024- Maait
Good afternoon ladies and gentlemen, and happy hump day. We’re not sure about you, but this week feels to us…
Gov’t appoints Compass Capital to promote its stake in EPP + TMG’s Icon finalizes acquisition of 51% in Legacy hotels
Compass will promote part of the government’s 22% stake in EPP to investors in the Gulf and China
Egypt could retain 20% in Ras El Hekma following sale to Gulf investor
The cabinet is currently reviewing “investment offers for important projects that are expected to generate huge resources of foreign currency”
Gov’t to close bidding for Wataniya soon + Gabal El Zeit wind farm next in line
The government plans to sell at least 10% in Wataniya
Egypt transfers ownership of gov’t HQs to the Sovereign Fund of Egypt
The move is part of a wider plan to revamp Downtown Cairo
Centamin sees “encouraging” results from maiden drilling in the Eastern Desert. PLUS: Egypt x KSA mining cooperation, Ecab, El Hazek, fintech news
Results underpin Egypt's emergence as an attractive exploration jurisdiction- Centamin
The state’s privatization program might be tripling in size
Good morning, folks. We’ve got a chockablock issue with a bit for everything for everyone today, so let’s jump right…
Talaat Moustafa Group now owns a 39% stake in the state’s historic hotels company
Talaat Moustafa could increase its stake to 51%
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