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HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
Uncertainty over BdC IPO date as covid-19 roils markets
PRIVATIZATION WATCH- Uncertainty over BdC April IPO as covid-19 roils markets: State-owned Banque du Caire (BdC) plans to make its…
E-Finance IPO postponed to 4Q2020
E-Finance IPO postponed to 4Q2020: The government has postponed the IPO of e-payments firm E-Finance to the final quarter of…
El Nasr Mining Company to offer 22% of its shares on the EGX
PRIVATIZATION WATCH- El Nasr Mining Company to offer 22% of its shares in IPO: The Holding Company for Metallurgical Industries’…
Sodic on the offense on HHD tender
PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against…
HHD pauses 10% stake + management contract amid conflicting reports of offers
PRIVATIZATION WATCH- HHD to pause share sale plans after finding no bidders for 10% stake + management rights: State-owned Heliopolis…
Egypt’s state privatization program could be out of hibernation in March
PRIVATIZATION WATCH- The government could be resuming the state privatization program as early as next month, Public Enterprises Minister Hisham…
Egypt’s Banque du Caire net profits jump 60% y-o-y
EARNINGS WATCH- Banque du Caire’s (BdC) net profits jumped 60% y-o-oy to EGP 6 bn in 2019, according to Mubasher.…
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