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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…
Italy’s Intesa Sanpaolo in talks with Egyptian gov’t to acquire the rest of Alexbank
The Italian lender has been the majority shareholder of Alexbank since 2006
THIS EVENING: Italy’s Intesa Sanpaolo wants to become the sole owner of Alexbank + Biden makes surprise visit to Ukraine
Happy Monday, wonderful people. It’s relatively calm on the news front here at home so far, but we have a…
State pharma firms could offer minority stakes within six months
Two state-owned pharma firms to sell minority stakes within six months? The government wants to sell sizable minority stakes in…
Gulf investors reportedly eyeing stakes in merged Sidpec-Ethydco
The unidentified investors are reportedly looking to acquire 16-20% of the new company
More from Dubai + How many ways can MPs think of to drum up FX?
It was a mixed bag on last night’s talk shows. President Abdel Fattah El Sisi’s participation in Dubai’s World Government…
Privatization update: United Bank, Helwan Fertilizers, Pachin
Two Saudi banks have United Bank on their radar
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