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Sidpec-Ethydco merger to go through another financial evaluation
A plan to offer a stake in the new merged entity on the EGX will also be reevaluated
State-owned firms to build a USD 40 mn ethane pipeline
The new 40-km pipeline aims to transport imported US shale gas to Sidpec and Ethydco
Green hydrogen, solar, ethane and wind project investment news ramps up
Agreements and MoUs totalling EUR 67.7 bn inked at the recent Egypt-EU Investment Conference mostly centered around green hydrogen
More state companies lined up for sale in 1Q 2024, says SFE chief
The privatization program will expand to include companies working in the infrastructure and financial services sectors
ADQ finalizes acquisition of stakes in state-run petchem, drilling companies
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
THIS EVENING: Abu Dhabi’s ADQ wraps up acquisitions in three state-owned companies
Good afternoon friends, and welcome to this Tuesday-hump-day. Despite the regional war steering the local and international news we have…
Two banks just stepped up overseas FX restrictions
Elab, Ethydco and EDC stake sales could happen by year’s end and ACUD is looking for a global advisor for…
ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
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