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Another step forward for stake sales in two port operators
Fair value studies completed for Damietta, Port Said port operators:The Financial Regulatory Authority (FRA) is reviewing fair value studies of…
Al Ansari raises USD 210 mn in Dubai IPO
The sale was 22x oversubscribed
Global Carbon Council to list carbon credits on EGX. PLUS: USAID funding for tech schools, Azimut app
The EGX is gearing up to launch a voluntary carbon-trading platform
Banking turmoil and recession fears weigh on global IPOs
Global IPOs are down 70% from 2022
Federal Reserve hikes interest rates by 25 bps amid banking turmoil
Sell-off in European banking shares continues after the meeting
IFC commits EUR 25 mn to Mediterrania Capital’s regional fund
The IFC could later increase investment to EUR 45 mn
EBRD, IFC to advise sovereign fund on desalination tenders
The government wants to add 8.8 mn cbm of desalination capacity by 2050
Egypt secures USD 7 bn World Bank loan to support private-sector, climate goals
The funding includes USD 1 bn a year from the IBRD
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