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Wataniya gets seven suitors + SFE’s industry sub-fund to launch in July
The government is filtering the offers for the long-awaited stake sale and will select one soon
THIS EVENING: Wataniya gets seven local and international suitors to acquire the state-owned fuel retailer
Good afternoon folks, happy almost-Thursday. The newscycle is starting to pick up as we come close to the end of…
House gave preliminary approval to bill allowing private investors to manage public health facilities
Foreign medical staff will not be allowed to exceed 25% of total staff members
Cabinet to set up a unit dedicated to state-owned companies
The unit will work to implement the state ownership policy with clear timelines and targets
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
Growing Gulf investor interest in Egypt is catching the attention of the international press
Both the UAE and Saudi Arabia have reportedly shown interest in the stake sale of Egypt’s military-built petrol station chain…
Gov’t to offload its 46.6% stake in state-owned plastic maker Alamal Alsharif within weeks
The government wants to sell its stake to a strategic investor who will pay in USD.
Ajlan & Bros could invest USD 1.5 bn in tourism project in Ras Gamila
The Saudi company also eyes stakes in several state-owned companies offered in the privatization program
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