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The gov’t is reportedly mulling a 10% stake sale in TE
CI Capital and Al Ahly Pharos are managing the sale.
Earnings watch: Telecom Egypt reports 2022 results
EARNINGS WATCH- State-owned telecoms firm Telecom Egypt’s net income grew 9% y-o-y to EGP 9.2 bn in 2022, according to…
Regulator fines telecoms providers 3x more over service y-o-y in 2H 2022
Telecoms providers face higher fines over service failures: The National Telecommunications Regulatory Authority (NTRA) has ordered the four telecom providers…
No talks to sell Suez Port management rights to ADP, says TransMin
Ibnsina Pharma to distribute treatments by German pharma giant Boehringer Ingelheim.
TE to buy USD 125 mn of new bandwidth to bolster its network
TE lands new frequencies: Telecom Egypt will pay USD 125 mn to acquire 5 MHz of new bandwidth in the…
A new Hilton hotel in Marsa Alam
TOURISM- Hilton expands its Red Sea portfolio: Hospitality giant Hilton has signed its second property in Marsa Alam: Hilton Marsa…
STC will have to cough up more for Giza Systems
B Investments just upped its Giza Systems valuation: BPE Partners’ B Investments has increased Giza Systems’ valuation by 7.6% to…
TE could get in on future flows
Telecom Egypt is looking at future flow securities as a potential debt tool to help fund its expansions and investments,…
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