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Telecom Egypt denies Qatar-Vodafone Egypt reports
Sources tell us that the company is still inviting offers — and that the Saudis are still interested
The government wants to enlist the private sector to overhaul state-owned factories
Nearly half of state-owned companies are making losses
Orascom Pyramids to double investment in Giza Plateau redevelopment. PLUS: Tabreed halts investment amid EGP uncertainty
The company will invest a further EGP 500 mn in its project to redevelop the pyramids area
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons
Smartenergy wants to build a green hydrogen plant in Egypt
An agreement between the gov’t and the company is reportedly “imminent”
Privatization proceeds in the state coffers by September?
Investors are currently conducting due diligence on the assets ahead of agreeing final terms
THIS EVENING: Swiss private investment firm Smartenergy in talks to set up USD 1 bn green hydrogen facility in Egypt
Happy THURSDAY, ladies and gentlemen. For those of you reading us as you head up to the North Coast, we…
CMA CGM eyes stake in state-owned shipping firm
Transport Ministry and National Bank of Egypt are holding talks with the French shipping giant
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