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Egypt in talks with seven companies to set up desalination plants
The Housing Ministry is in talks with seven unnamed companies to build seawater desalination plants as part of the government’s…
Vodafone Group, STC reach early agreement to revalue Vodafone Egypt -sources
M&A WATCH- It looks like STC will indeed submit a lower bid for Vodafone Egypt –report: Vodafone Group and Saudi…
Your top infrastructure stories
Your top infrastructure stories for the week include: Electricity privatization deadline pushed until 2025: The government has extended the timeline…
Enterprise talks to: Alfredo Abad, head of the European Investment Bank’s Cairo office
Enterprise talks to: Alfredo Abad, head of the European Investment Bank’s Cairo office: Since it inked its first agreement here…
PE giant Actis to expand USD 1 bn Africa energy portfolio
INVESTMENT WATCH- PE giant Actis is looking to expand its USD 1 bn investment portfolio in energy projects in Africa,…
Bloomberg wonders whether Fawry shares are overvalued
Bloomberg wonders whether Fawry shares are overvalued, asking whether there’s still gas in the tank after a 300% appreciation that…
OIH will split into two companies: One running financial services, the other with all other investments
DEMERGER WATCH- Who gets what as OIH splits in two? The Financial Regulatory Authority (FRA) has approved Orascom Investment Holding’s…
United Bank sale on ice until covid has passed
M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to…
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