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Sovereign wealth fund capital to quintuple to EGP 1 tn
Speaking of the sovereign wealth fund: Egypt’s SWF will see its initial capital rise fivefold to EGP 1 tn from…
Emerald Real Estate Investment to list a stake on EGX
IPO WATCH- Odin Investments seeks to IPO subsidiary on EGX: Real estate investment firm Emerald is seeking approval from the…
Aramco’s IPO is moving forward, as MbS gives it the green light
IPO WATCH- Aramco’s IPO is moving forward as MbS appears to accept valuation of less than USD 2 tn: Saudi…
Could military-owned companies be set to list on the EGX?
PRIVATIZATION WATCH- Could military-owned companies be set to list on the EGX or sell stakes to the private sector? President…
Egypt’s NUCA signs EGP 365 mn electromechanical work contract with Elsewedy Electric
Elsewedy Electric announced yesterday signing a new EGP 365 mn contract with the New Urban Communities Authority to develop the…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
HHD to decide draft contracts for stake sale + management next month
PRIVATIZATION WATCH- HHD to decide on draft contracts for 10% stake + management rights next month: Heliopolis Housing and Development…
Misr Italia postpones IPO to 2H2020
IPO WATCH- Misr Italia postpones IPO to 2H2020: Property developer Misr Italia has postponed its plans to offer 25% of…
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