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Eni + Friends to invest USD 7.7 bn in Egypt in four years
Eni chief Claudio Descalzi held talks with the president yesterday, one week after the CEO of BP was in town
UAE-based firm acquires 30% stake in Eastern Company
The sale injects new momentum into the government’s privatization drive
The official privatization program progress report is out
Good morning, wonderful people, and welcome to the (unofficial) first week of fall for most of us. September means the…
Privatization galore: Gov’t plans to bring in USD 5 bn in investments by July 2024 + Fresh batch of investment incentives
Good morning, and HAPPY FRIDAY. If you’re squeezing in a few last days in Sahel, we hope you end the…
Sovereign Fund of Egypt’s authorized capital doubles to EGP 400 bn. PLUS: News from Sodic, Avanz Capital.
SFE chair Hala El Said said recently that the fund’s authorized capital will reach EGP 1 tn within three years
Singapore chemicals firm to invest USD 700 mn in 2 factories. PLUS news from BP, Orascom Construction, aiBank, Glamera, and Waterway Developments.
PLUS: BP to drill four exploratory gas wells in the Mediterranean before the end of the year
Gov’t to sell 70% stake in Siemens-built power plant. PLUS: Updates on Zafarana, Helwan Fertilizers sales.
The transaction could be worth as much as USD 1.9 bn, according to government estimates
Military stake sales in the spotlight as Taqa Arabia joins race for Wataniya, 2 investors circle Safi
Taqa is one of four companies doing due diligence on the company
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