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Azimut to launch its Egypt-oriented fund in February
Azimut to launch USD 10 mn Egypt-focused equity fund in February: Italy-based asset manager Azimut will launch a fund to…
Cabinet passes amendments to restrict legal actions against Egypt’s SWF
CABINET WATCH- Cabinet passes amendments to restrict legal action against Egypt’s SWF: The Madbouly Cabinet greenlit on Thursday legislative amendments…
HHD secondary offering to be completed before May 2020
PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary…
Egypt might be scrapping Shanghai Electric’s USD 4.4 bn “clean coal” power plant
INVESTMENT WATCH- Shanghai Electric’s USD 4.4 bn “clean coal” power plant could be scrapped or postponed: The Electricity Ministry is…
Bank Audi signs cooperation protocol to be exclusive banker for Egypt’s SWF
Bank Audi Egypt has signed a cooperation protocol with the Sovereign Fund of Egypt that could see it provide all…
Intercontinental Hotels Group to add new properties in Egypt
INVESTMENT WATCH- Intercontinental Hotels Group to add new properties in Egypt: UK-based Intercontinental Hotels Group (IHG) — which owns the…
Mansour Group to set up food and beverage JV with Egypt’s TBS
INVESTMENT WATCH- Mansour Group to set up food and beverage JV with TBS: Mansour Group is in talks with TBS…
EBRD closes acquisition of 20% stake in Egypt’s Infinity Solar
M&A WATCH- EBRD closes acquisition of 20% stake in Infinity Solar: The European Bank for Reconstruction and Development (EBRD) has…
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