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Also on our radar on 28 February 2021
Five consortia have eyes on a tender to establish the Tenth of Ramadan City dry port, AlShorouk reports, citing sources…
Zeta Investment bids for 90% stake in ANFI
It’s official: Zeta has eyes for ANFI: The UAE branch of Hong Kong’s Zeta Investment has submitted an offer to…
Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
Vodafone to acquire 20% in fintech players Bee and Masary
Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary — both subsidiaries of non-banking…
Meet our analyst of the week: Sigma Capital’s AbouBakr Emam
OUR ANALYST OF THE WEEK- AbouBakr Emam, head of equity research at Sigma Capital (Linkedin). I’m AbouBakr Emam, the head…
Last Night’s Talk Shows on 23 February 2021
Recently passed amendments Real Estate Registry Act were the biggest talking point on the airwaves last night as the talking…
ADIB approves sale of majority stake in Assiut Islamic Trading
Abu Dhabi Islamic Bank (ADIB) looks to be on the way out from Assiut Islamic Trading after its board approved…
Also on our radar on 22 February 2021
The Suez Canal Authority (SCA) is borrowing USD 100 mn from a syndicate of four local banks to finance ongoing…
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