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State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
Catalyst acquires 25% stake in ins. brokerage, OIH exists Pakistani subsidiary
Investment firm Catalyst Partners has acquired a 25% stake in Public Partners Ins. Brokerage (PPIB) as part of its plans…
VC outfit TLcom Capital eyes Egypt. Plus: Aman + Taqa eye fintech
Africa-focused VC firm TLcom Capital plans to enter Egypt with its new fund, which hit a first close of USD…
Central bank to leave rates on hold despite Fed tightening
The Central Bank of Egypt will likely leave interest rates on hold when it meets this Thursday despite forecasts for…
THIS EVENING: OIH offloads Pakistan subsidiary + Etisalat named strongest telecom brand globally + ALSO: Cairo Book Fair kicks off today
Good afternoon, friends, and happy Thursday-equivalent. Stay bundled up this weekend, although the piercing cold is expected to get just…
Chimera closes USD 10 bn venture capital fund
Our friends at the UAE’s Chimera closes fundraising for one of the largest funds in VC history: Our friends at…
Edita to invest c. EGP 400 mn in 2022 expansion
Edita Food Industries will invest around EGP 400 mn to add new production lines for its baked goods and wafers…
It’s privatization, the speed-metal version
Gov’t to step up privatization efforts in coming months: The Madbouly government is planning to sell stakes in state-owned companies…
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