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Telecom Egypt could offer an additional stake on the EGX -Talaat
ECM WATCH- The state could look to trim its holdings in telecom operator Telecom Egypt (TE) in a secondary offering…
CI Capital-led consortium acquires 60% of Taaleem for EGP 1.2 bn
M&A WATCH- CI Capital-led consortium acquires 60% stake in Taaleem in EGP 1.2 bn transaction: Investment bank CI Capital and…
EGX has worst day since 2016 after weekend protests
The EGX turned in its worst showing since 2016 yesterday as investors dumped shares following two nights of protests in…
Ethiopia rejects Egypt’s GERD proposal
Ethiopia rejects Egypt’s GERD proposal: Ethiopia’s Foreign Ministry has dismissed Egypt’s proposal for the Grand Ethiopian Renaissance Dam as “disrespectful”…
Egypt jumps nine places in WEF’s tourism competitiveness index
Egypt climbs nine places in WEF tourism competitiveness index: Egypt jumped nine places to rank 65 in the World Economic…
Egypt’s Halan to launch in Ethiopia before the end of 2019
STARTUP WATCH- Halan to launch in Ethiopia this year: Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan plans to begin operations…
Egypt signs first settlement in new export subsidy framework
Exporter sees first settlement under long-anticipated export subsidy program: The finance and trade ministries have signed a settlement agreement with…
Egypt could move ahead with stake sales in less than two weeks
EXCLUSIVE- Gov’t could move ahead with stake sales within two weeks: Abu Qir Fertilizers or Alexandria Container and Cargo Handling…
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