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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…
Last Night’s Talk Shows: Education Act + Labor Act amendments lead the conversation
Topping the talkin heads’ agendas last night: Legislative amendments the Madbouly Cabinet passed yesterday in a bid to cut down…
Egypt’s Kima to complete trial runs at Kima 2 fertilizers factory
State-owned Kima will complete today trial runs at its recently-inaugurated fertilizer factory Kima 2 in Aswan, Vice President Waleed Mohamed…
Fair share value for Emisal acquisition set before end of month
M&A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be…
CIHC to give El Nasr Steam Boilers’ land to Oil Ministry for debt repayment
The Chemicals Industries Holding Company (CIHC) will give the land at the center of the recently settled Al Kholoud dispute…
CIHC considering two foreign offers to build two Suez fertilizer factories
The Chemical Industries Holding Company (CIHC) is mulling two offers from foreign companies to establish two, fertilizer plants in Suez,…
Egypt’s Eastern Tobacco stake sale is “in the offing” as share price recovers
IPO WATCH- Eastern Tobacco stake sale is “in the offing” as share price recovers: The sale by the state of…
Sale of Egypt’s Eastern Company to take place as soon as market conditions improve -Public Enterprise Minister
** #5 IPO WATCH- Eastern sale to take place as soon as market conditions improve: The sale of an additional…
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