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Expedition’s offer undervalues cheese maker Domty by 38%, fair value study suggests
BDO has valued Domty at EGP 6.90 per share — 38% higher than the price that the Expedition Investments-led consortium…
It’s official: Gov’t is on board with a flexible exchange rate
“We as a government do agree that a flexible exchange rate is definitely good for the economy,” Planning Minister Hala…
Americana to invest USD 26 mn in Egypt
Americana Egypt to expand food production: F&B conglomerate Americana is planning to invest USD 26 mn in new food production…
Three GCC sovereign funds have their eye on TE’s stake in Vodafone Egypt
Could Telecom Egypt’s stake in Vodafone Egypt be in play? The Qatar Investment Authority (QIA), Saudi Arabia’s Public Investment Fund,…
THIS EVENING: Telecom Egypt’s stake in Vodafone Egypt could be in play + PMI is less bad + Liz Truss named as UK’s new PM
Good afternoon, wonderful people. That shocking news drought we were complaining about this morning appears to have disappeared itself in…
Bim to invest USD 25 mn to expand Egypt footprint
Supermarket chain Bim Egypt plans to invest USD 25 mn to open hundreds of new branches, Al Mal reports, citing…
US stocks fall suffer another week of losses on rate fears
Another bad week for US stocks: Wall Street suffered its third consecutive weekly loss as concerns about rising interest rates…
THIS MORNING: New details on state privatization program this week + Green hydrogen regs are in the works
Good morning, friends, and welcome to the first full week of September. With just a month left in 3Q, the…
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