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Another military-owned fuel retailer could be part-privatized
The Wataniya sale will be delayed by several weeks, Egypt’s planning minister said yesterday
Taqa wants some of Wataniya’s stations. PLUS: Blominvest now owns more of Rameda, more investments from Geidea
Taqa Arabia will submit a binding offer to acquire a number of Wataniya fuel stations
ACUD could raise more than EGP 150 bn from its planned EGX IPO
The ACUD is also mulling a dual listing
Eastern in line for USD 150 mn from new UAE shareholder to ensure access to materials
They will also inject an additional USD 150 mn in installments next year
Egypt sells 30% stake in Eastern Company for USD 625 mn
The Emirati buyer will pay in USD in a boost for the state as it tries to ease the FX…
Criticism of the (slow pace of) privatization, an airport cyberattack, and Gaza blanket the airwaves
Lamees El Hadidi interviews US Middle East humanitarian envoy David Satterfield
The developer of the new capital has received offers to advise on its planned IPO
Good morning, friends. It’s a reasonably brisk morning for news: Lamees El Hadidi tore a strip off policymakers last night…
Egypt central bank, Kuwait wealth fund to divest 40% of AAIB
The sale is expected to take place in 2024
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