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ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
Arab, Chinese companies could invest USD 600 mn in wind plants
The companies are interested in acquiring a stake in Zafarana
Private players in talks to develop USD 2 bn Eastern Desert industrial zone
Orascom, Elsewedy, CPC Egypt, and IDG are all in talks to establish the zone
THIS EVENING: Gov’t looking at USD 2 bn Golden Triangle industrial zone with private sector players?
Good afternoon, wonderful people, and happy almost-THURSDAY. We have a pleasantly brisk but balanced news day so far as the…
The gov’t is pacing out its water desalination plant plans on FX challenges + land allocations
The first group of 3-4 desalination plants will require investments worth c. USD 1.5 bn
Big updates on potential sales of Telecom Egypt, Vodafone Egypt stakes + Gabal El Zeit windfarms
Potential sales of stakes in two telecom players and a massive wind farm are the latest signs the privatization program…
THIS EVENING: Gov’t looking at another stake sale for Telecom Egypt?
Good afternoon, ladies and gentlemen, and happy hump day. We’re looking at a news day that promises to be led…
China wants a new industrial zone in Egypt
Good morning, friends. The big stories this morning reflect the twin narratives of 2023. On the one hand: The Institute…
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