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Sovereign Fund eyes controlling stake in e-Finance
SFE eyeing controlling stake in e-Finance ahead of its IPO? The Sovereign Fund of Egypt is reportedly in negotiations to…
e-Finance going to market in 1H?
State-owned payments platform e-Finance looks to be reviving its planned IPO, tapping auditors BDO as an independent financial consultant to…
Public still > private, Reuters says
Egyptian state-owned companies are “eclipsing” the private sector despite IMF-backed structural reforms designed to reorientate the economy toward private sector…
Hala wallah
The upcoming sale of military-owned Wataniya Petroleum is attracting more attention from GCC oil and gas companies, the local press…
Privatization program coming back to life?
EXCLUSIVE- The state privatization program appears to be on track to shake off its cobwebs as the government committee in…
Your top 5 pieces of business and economic news in December
Your top 5 pieces of business and economic news in December: Sentiment: We received contradictory data points on business sentiment…
Plus: What does our IPO tracker say about ‘21? (Barring a global meltdown, that is)
2020 was not a good year to be an investor in public equities in Egypt, but there are glimmers of…
Buyers are lining up for Safi
Mansour Group, Pepsico, CocaCola Egypt, Nestlé, and steel conglomerate ElGarhy Group are reportedly interested in buying a stake in army-affiliated…
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