Sovereign Fund of Egypt to finalize hotels sale this year -Soliman
A consortium of Talaat Moustafa Group and unnamed foreign investors agreed to buy a 37% stake in the government’s hotels…
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A consortium of Talaat Moustafa Group and unnamed foreign investors agreed to buy a 37% stake in the government’s hotels…
Plus: The Egyptian Holding Company for Silos and Storage wants to borrow EGP 5 bn to fund silo expansion
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
Midar was established in 2006 to develop the 11k-feddan Mostakbal City project
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
ACUD could sell up to 10% of its shares to investors, according to the company’s chairman
The plastics maker is reportedly worth some EGP 7 bn
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