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The first two military-owned companies line up to sell shares
Safi, Wataniya Petroleum are up first in Egypt’s plan to partially privatize military-owned companies: The Sovereign Fund of Egypt (SFE)…
How to choose business partners, with Actis Partner Hossam Abou Moussa
How do you choose an investor? We discuss the criteria for choosing business partners and what really sets businesses apart…
Enterprise Explains: Sukuk
Enterprise Explains: Sukuk. Consumer- and structured-finance player Sarwa Capital recently closed Egypt’s second corporate sukuk issuance since the debt instrument…
NBFS player Ebtikar plans 1Q2021 IPO
Ebtikar plans to list a 25-30% stake when it makes its EGX debut in 1Q2021, thelocal press reports, citing people…
You’ll be back to pre-covid profit levels by 2022, an HSBC survey says
Egyptian businesses are starting to see through the covid gloom: Almost nine in 10 (89%) Egyptian businesses forecast revenue growth…
Also on our radar on 6 December 2020
Still more metro + railway news: Bombardier is set to begin manufacturing in 1Q2021 the railcars for the two planned…
Foreign investors flocked to EGP bonds in November
Foreign investors continued to love Egyptian bonds in November: Foreign portfolio investment in EGP-denominated bonds rose to USD 23 bn…
Techwear startup Sigma Fit raises undisclosed investment from Innlife, Kuwaiti investors
Techwear startup Sigma Fit has raised an undisclosed investment from local investment firm Innlife and unnamed Kuwaiti investors, reports MenaBytes.…
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