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Dubai is taking its taxi business to the DFM next month
Dubai’s Road and Transport Authority will be offering a 25% stake in its taxi business
A case for optimism on the EGP
Some USD 8 bn could be raised in the coming months via asset sales, liabilities agreements, and government initiatives
Orascom Real Estate lands EGP 6 bn to finance O West construction
A portion of the loan will be used to refinance a EGP 1.5 bn bridge facility
Four schools inaugurated at Cosmic Village
The four schools will be managed by the EEP, CIRA, and Eduhive
EFG Hermes tops EGX brokerage league table in October
CI Capital, Mubasher, Thndr, and Al Rowad rounded out the top five firms.
EFG Hermes-backed education firm could enter Saudi market. PLUS: Vortex has so far invested EUR 300 mn in Ignis
EEP could roll out its own brands in KSA or acquire and invest in new brands
EFG Hermes closes CIRA’s second future flow issuance
The issuance is part of a larger EGP 2 bn future flow securitized bond program
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
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