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Telecom Egypt taps EFG Hermes, Citibank, Al Tamimi to advise on acquisition options
M&A WATCH- TE officially hires EFG Hermes and Citibank to advise on acquisition options: Telecom Egypt’s board of directors approved…
Egypt's GDP growth reached 5.6% in 1H2019-2020
Egypt's economy grew at a 5.6% clip in 1H2019-2020, Planning Minister Hala El Saidtold cabinet yesterday. Retail was the primary…
What we’re tracking on 20 February 2020
It’s interest rate day: As our poll showed this week, analysts are split down the middle about whether the bank…
STC may find a way to bypass MTO for TE’s share in Vodafone Egypt
M&A WATCH- Could STC find a way out of having to make a bid for 100% of Vodafone Egypt? The…
Last night’s talk shows for Monday, 17 February 2020
The slow news day seeped into the airwaves, giving the talking heads little to chew on last night. Among the…
TE on the offense about using its pre-emption rights
M&A WATCH- TE really wants everyone to know it has a right of first refusal in Vodafone-STC acquisition: Telecom Egypt…
Orange Egypt to invest EGP 4 bn in 2020 to upgrade network
INVESTMENT WATCH- Orange to invest EGP 4 bn this year in upscaling network: Orange Egypt are planning to invest EGP…
Egyptian Competition Authority is studying whether TE could invoke right of first refusal to a 55% stake in Vodafone Egypt without breaking monopoly law
M&A WATCH- Competition watchdog probing whether TE would break monopoly law by invoking its right of first refusal on Vodafone…
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