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ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
Big updates on potential sales of Telecom Egypt, Vodafone Egypt stakes + Gabal El Zeit windfarms
Potential sales of stakes in two telecom players and a massive wind farm are the latest signs the privatization program…
Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
Banque du Caire wants a strategic investor + Japan’s FM to hold talks with Sisi, Shoukry today
It’s unclear how this could impact the state lender’s long-term plans to go public on the EGX
UAE-based firm acquires 30% stake in Eastern Company
The sale injects new momentum into the government’s privatization drive
Gov’t to sell 70% stake in Siemens-built power plant. PLUS: Updates on Zafarana, Helwan Fertilizers sales.
The transaction could be worth as much as USD 1.9 bn, according to government estimates
Military stake sales in the spotlight as Taqa Arabia joins race for Wataniya, 2 investors circle Safi
Taqa is one of four companies doing due diligence on the company
Egypt aims to raise USD 5 bn from privatization by June 2024
It expects to raise the money by selling seven assets to private investors
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