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Egypt suspends privatization program again due to “unfavorable” conditions
PRIVATIZATION WATCH- The state privatization program is still on ice due to the “unfavorable” market conditions caused by the covid-19…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
National Investment Bank shelves plans to privatize portfolio companies
National Investment Bank shelves plans to privatize portfolio companies: The National Investment Bank (NIB) has postponed plans to market seven…
Natgas regulator lowers fees for commercial licenses
Natgas regulator lowers fees for commercial licenses: The Natural Gas Regulatory Authority will charge companies lower fees this year for…
Egypt postpones state privatization program, new program to be announced in two months
PRIVATIZATION WATCH- The state privatization program is officially being put on ice as the covid-19 outbreak wreaks havoc on global…
EGX boss expects fresh IPOs this year despite market turmoil
EGX boss expects fresh IPOs this year despite market turmoil: The current market volatility will not prevent new companies listing…
Banque du Caire is on track to debut in April, interest building up for military privatization
PRIVATIZATION WATCH- Banque du Caire is on track to debut in April (for now): The state-owned Banque du Caire (BdC)…
EBRD reportedly interested in Banque du Caire stake
PRIVATIZATION WATCH- EBRD still interested in Banque du Caire stake: The European Bank for Reconstruction and Development has joined the…
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