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The Sovereign Fund of Egypt is heading to the Gulf
Good morning, friends. It’s another quiet morning with the news lull extending into the middle of the week. WATCH THIS…
Misr Life Ins. has a mystery Emirati suitor
The SFE wants to keep a controlling stake in Misr Life Insurance
Mashreq Global Network is expanding outsourcing operations in Egypt. PLUS: News from EFG Corp-Solutions, Samcrete, ACUD, Banque Misr
Mashreq Global Network will create 300 jobs in the process
Egypt transfers ownership of gov’t HQs to the Sovereign Fund of Egypt
The move is part of a wider plan to revamp Downtown Cairo
The economy dominated the airwaves until the early hours
El Hadidi warned 2024 “may be the most difficult for us economically…whether for people’s pockets, lives, or the government itself,”
Talaat Moustafa Group now owns a 39% stake in the state’s historic hotels company
Talaat Moustafa could increase its stake to 51%
What to expect from Madbouly’s privatization talk later today
We’re expecting news on the hotels company sale and ADQ’s acquisitions
More state companies lined up for sale in 1Q 2024, says SFE chief
The privatization program will expand to include companies working in the infrastructure and financial services sectors
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