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A15 completes sale of 76% stake in TPAY to Helios Investment
**#5 M&A WATCH- A15 completes sale of 76% stake in TPAY to Helios Investment: Tech investment fund A15 announced yesterday…
Speed Round
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SODIC awarded 500-acre plot in West Cairo
SODIC announced yesterday that it was awarded am EGP 14.2 bn 500-acre plot in Sheikh Zayed, enough to develop as…
FinMin to issue global tender for company to implement new electronic billing system once E-Payments Act is passed
FinMin to issue global tender for new electronic billing system: The Finance Ministry intends to issue a global tender to…
FRA, EGX agree on basket of new trading regulations
**#6 REGULATION WATCH- FRA, EGX put in less sensitive circuit breakers, move to shorter cooling-off period: The new rules, agreed…
Egypt on track to sell stakes from five state-owned companies before year’s end, share prices to range within 10% of market average
IPO WATCH- Five state companies to tap capital markets by year’s end, offerings to be priced within 10% of market:…
Mowasalat Misr plans IPO in late 2019 or early 2020
EXCLUSIVE- Mowasalat Misr plans IPO in late 2019 or early 2020: Private transport company Mowasalat Misr plans to list shares…
Potential Uber, Careem merger could be worth USD 2.5 bn
**#4 M&A WATCH- Potential Uber, Careem merger could be worth USD 2.5 bn: Uber is indeed in talks to acquire…
Tourism Ministry confirms JWT is out, Synergy-MCN in
**#8 Tourism Ministry confirms JWT is out, Synergy-MCN in: The Tourism Ministry confirmed on Monday that it has chosen a…
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