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It’s privatization, the speed-metal version
Gov’t to step up privatization efforts in coming months: The Madbouly government is planning to sell stakes in state-owned companies…
CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
IPOs in 2021: Four is more than zero
In keeping with the overall theme of the year, 2021 was the year of a hobbled recovery for Egypt’s IPO…
THIS EVENING: Thousands of firms get temporary minimum wage exemption + Omicron to hit global growth + TRY rollercoaster.
Good afternoon, friends, and welcome to the calm after the storm. The snow has melted, the winds have died down,…
Abu Qir raises EGP 2.25 bn in secondary offering
Abu Qir Fertilizers completed the sale of 10% of its shares for EGP 2.25 bn (c. USD 143 mn), according…
State privatization program in full swing + Cairo hosts Lebanese, Israeli leaders + annual urban inflation falls to 5.6% in November
We close out a busy week, with a very busy Thursday that spells a boom for our capital markets, ladies…
Abu Qir to sell up to 10% stake in secondary offering
Abu Qir Fertilizers will sell up to 10% of its shares in a secondary offering on the EGX, the company…
THIS EVENING: CI Capital subsidiary wants 26% of Cleopatra Hospitals + Abu Qir’s caps stake sale at 10% + Omicron has a stealth mode
Good afternoon, friends — and hold onto your hats. While the news flow is fairly moderate so far today, wind…
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