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Italy’s Sopria Holding to set up supermarket chain in Egypt
Egypt has signed an agreement with Italy’s Sopria Holding to set up a new Italian supermarket chain in Egypt, the…
Is Telecom Egypt serious about a Vodafone Egypt takeover?
M&A WATCH- Is Telecom Egypt serious about a Vodafone Egypt takeover? Telecom Egypt (TE) could be about to thwart Saudi…
GAFI approves new projects in IDG’s e2 industrial park in Alamein
INVESTMENT WATCH- GAFI approves new projects in IDG’s e2 industrial park in Alamein worth EGP 600 mn: The General Authority…
STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement
M&A WATCH- STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement: Saudi Telecom Company (STC) has…
Egypt in talks with seven companies to set up desalination plants
The Housing Ministry is in talks with seven unnamed companies to build seawater desalination plants as part of the government’s…
Vodafone Group, STC reach early agreement to revalue Vodafone Egypt -sources
M&A WATCH- It looks like STC will indeed submit a lower bid for Vodafone Egypt –report: Vodafone Group and Saudi…
PE giant Actis to expand USD 1 bn Africa energy portfolio
INVESTMENT WATCH- PE giant Actis is looking to expand its USD 1 bn investment portfolio in energy projects in Africa,…
Bloomberg wonders whether Fawry shares are overvalued
Bloomberg wonders whether Fawry shares are overvalued, asking whether there’s still gas in the tank after a 300% appreciation that…
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