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PRIVATIZATION + ECONOMY NEWS: Eastern Company tapped for a new majority shareholder + Where do we stand with the IMF?
Good morning, friends, and HAPPY FRIDAY. We hope that you had a productive week and have plans in place to…
What the markets are doing on 5 September, 2023
EARNINGS WATCH- Eastern Company’s bottom line grew 90% y-o-y to EGP 7.7 bn in FY 2022-23, which ends on 30…
Eastern + Eni dominate business coverage on the nation’s talk shows
Another slow night on the airwaves: The only business / econ-related news on the airwaves last night was provided by…
UAE-based firm acquires 30% stake in Eastern Company
The sale injects new momentum into the government’s privatization drive
THIS EVENING: CIHC could close its stake sale in Eastern in 1H 2024
Good afternoon dearest readers, and happy hump day. We can see the weekend in the distance (can you?) and are…
Unemployment numbers are down + Gov’t in talks to potentially sell down stake in Eastern Company
Good morning, friends, and happy FRIDAY to all of you, whether you’re in Sahel or in Cairo. We wish you…
Gov’t to sell up to 15% stake in Eastern after receiving interest from multiple investors
Eastern is willing to sell down just under a third of its 51% stake
THIS EVENING: CIHC studying bids for 30% of its stake in Eastern Company + Unemployment inches down in 2Q 2023
Good afternoon, wonderful people, and welcome to a busy hump day. Where yesterday was largely dominated by M&A news, today…
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