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What the wood and furniture industry thinks of state privatization plans
Wood + furniture manufacturers weigh in on the state’s privatization plans: As part of its state ownership policy document, the…
What the markets are doing on 18 September, 2022
The EGX30 fell 3.1% at today’s close on turnover of EGP 1.27 bn (25.2% above the 90-day average). Local investors…
US stocks hit two month lows + investors are starting to come back to frontier-market African debt
Another grim week for US equities: The three major US stock indices dropped to two-month lows on intensified recession fears…
Act Financial plans to IPO in the new year
Act Financial aims to offer up to a 40% stake on the EGX by early 2023, Managing Partner and Co-Founder…
Gov’t wants private sector investment in state-owned hospital
The government wants to attract private sector investment to state-owned Heliopolis Hospital under a wider plan to open up the…
What the markets are doing on 15 September, 2022
The EGX30 fell 1.1% at today’s close on turnover of EGP 1.29 bn (26.8% above the 90-day average). Foreign investors…
THIS EVENING: Gov’t offering investments in state-owned hospitals to private sector + B Investments cites “legal issues” in TEMA transfer notice for TotalEnergies
Happy THURSDAY, friends. It’s a much calmer end to the week than we had expected, judging by the newsflow over…
Eni wants to go big on LNG, and that’s good for Egypt
Eni wants Italy to go big on LNG: Italy must boost its LNG import capacity starting 2023 to be able…
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