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THIS MORNING: Madbouly in Qatar for key investment talks + Shoukry heads to Syria, Turkey as Assad comes in from the cold
Shoukry’s visit to Syria is the first by an Egyptian FM in over a decade
THIS MORNING: What’s it going to take to unlock Gulf investments in Egypt?
Good morning, friends, and welcome to what is shaping up to be a very busy week for news. The question…
Almarai now owns 100% of Beyti
Saudi’s Almarai buys PepsiCo out of Beyti: Saudi dairy producer Almarai has bought PepsiCo’s entire 48% stake in the parent…
Valuation dispute puts Saudi United Bank acquisition at risk
Saudi wealth fund takeover of United Bank in jeopardy? The Public Investment Fund (PIF) has reportedly hit ‘pause’ on talks…
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
THIS MORNING: The FinMin took its debut sukuk issuance to market yesterday
Good morning, everyone, and welcome to a fairly brisk news morning. THE BIG STORY here at home: The Finance Ministry’s…
Sovereign Fund of Egypt reportedly eyeing a minority stake in El Ezaby
In partnership with an unnamed investment firm
The Enterprise 2023 Reader Poll: More of you are feeling downbeat about our economic prospects as headwinds mount
2022 was not a great year for business — and there’s uncertainty on what the future holds
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