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Has Egypt’s fall IPO season just come to an end?
** #1 The fall equity raising season is officially over. The state privatization program was not the only victim of…
Speed Round
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Enterprise is hiring
** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which…
Ethydco, SIDPEC and ECHEM acquire 100% stake of CCI for USD 15 mn
M&A WATCH- Three state-owned companies close USD 15 mn buyout of CCI: State-owned companies Egyptian Ethylene and Derivatives Company (Ethydco),…
Whirlpool to expand product offerings in Egypt with MTI Holding
** #6 Home appliance producer Whirlpool Corporation and local partner MTI Holding will assemble and market in Egypt Whirlpool-branded top-loading…
Egyptian stock exchange goes to tiered system for annual listing fees, seeks SME listings
** #3 REGULATION WATCH- Egyptian stock exchange goes to tiered system for annual listing fees, seeks SME listings: Prime Minister…
Egypt’s House of Representatives agrees on innovation fund, Cabinet okays African investment protection fund
** #2 Egypt to establish fund to cover risk by Egyptian companies investing in Africa: The Madbouly Cabinet’s economic group…
Enterprise is hiring
** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which…
Juhayna reports sharp uptick in 3Q2018 profits
EARNINGS WATCH- Dairy products and juice producer Juhayna reported net profits of EGP 120 mn in 3Q2018 (+83% y-o-y) on…
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