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Egypt Kuwait Holding to sell entire 63.4% Delta Ins. stake. PLUS: SODIC, Madar Developments, Punalu, Erada Microfinance, DisrupTech Ventures
The Morocco-based ins. player submitted an MTO to acquire up to 100% of Delta Ins. at EGP 40 per share…
The private sector now gets the lion’s share of Egypt’s development finance
Over the past five years, the private sector received over USD 15.6 bn in concessional funding
Finance Ministry to launch eight new PPP projects within the next four months totalling EGP 40 bn
Total estimated investments for the new projects stand at EGP 40 bn
Markets rebound, but oil jitters and war risks keep nerves taut
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
Finance Ministry to establish a pricing committee to calculate property taxes for residential properties
The first phase of the property tax changes will focus on 10 urban areas
Coffee With: Ethiopis Tafara, International Finance Corporation VP for Africa
Tafara was tapped as the IFC’s VP for Africa just weeks ago
MENA equities dive on war fears
Egypt bore the brunt of the sell-off
EU’s EUR 1.8 bn investment guarantee mechanism to mobilize EUR 5 bn in investments through 2027 launched
The mechanism will be accessible via the Hafiz platform
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