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FedEx Express not considering an EGX IPO for its Egypt unit
FACT CHECK- FedEx Express is not currently considering an IPO of its Egypt unit on the EGX, a company spokesperson…
UAE-based Gulf Capital to invest USD 250 mn in Egypt, will use Cairo as hub for Egypt and Africa
UAE-based asset management firm Gulf Capital plans to invest some USD 250 mn in Egypt over the next five years,…
CI Capital lands mandate to IPO (parts of) the new capital
WATCH THIS SPACE- New capital company taps CI Capital to advise on planned IPO of subsidiaries: State-owned Administrative Capital for…
Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk
Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a…
Last Night’s Talk Shows: Strong domestic growth in the face of global volatility + the state IPO pipeline
Strong GDP growth dominated last night’s coverage: Planning Minister Hala El Said took to the airwaves last night to fill…
A spring debut on the EGX planned for Ghazl El Mahalla
Ghazl El Mahalla FC will debut on the EGX at the beginning of April, BloombergAsharq quotes Mohamed Maher, head of…
Planet Finance: UK inflation hits a fresh three-decade high, spurring fears of half-point rate hike
Against expectations, UK inflation accelerated for a fourth consecutive month in January to reach 5.5%, marking a fresh 30-year high,…
SCA eyes 20% stake sales of 2-3 companies on the EGX
SCA eyes floating three of its units: The Suez Canal Authority (SCA) is considering selling 20% stakes in two or…
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