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Fitch expects net foreign liabilities in Egyptian banks to rise amid FX crunch
Net foreign liabilities in the banking sector hit a record high in June
ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
The gov’t is pacing out its water desalination plant plans on FX challenges + land allocations
The first group of 3-4 desalination plants will require investments worth c. USD 1.5 bn
Big updates on potential sales of Telecom Egypt, Vodafone Egypt stakes + Gabal El Zeit windfarms
Potential sales of stakes in two telecom players and a massive wind farm are the latest signs the privatization program…
THIS EVENING: Gov’t looking at another stake sale for Telecom Egypt?
Good afternoon, ladies and gentlemen, and happy hump day. We’re looking at a news day that promises to be led…
Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
PRIVATIZATION + ECONOMY NEWS: Eastern Company tapped for a new majority shareholder + Where do we stand with the IMF?
Good morning, friends, and HAPPY FRIDAY. We hope that you had a productive week and have plans in place to…
Banque du Caire wants a strategic investor + Japan’s FM to hold talks with Sisi, Shoukry today
It’s unclear how this could impact the state lender’s long-term plans to go public on the EGX
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