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Last Night’s Talk Shows: Transport updates aplenty + Mostafa Bakry doesn’t like Naguib
Things we learned on the airwaves last night: The country’s new local development minister, Hisham Amna, was not seriously hurt…
Orascom could sell down holdings in Italian web service provider
Sawiris weighs selling stake in ItaliaOnline: Orascom TMT Investments — a company whose majority owner is Naguib Sawiris — is…
Egypt in the News: From geopolitics to Sawiris on the decks
There’s no clear theme running through mentions of Egypt in the international press this morning. President Abdel Fattah El Sisi’s…
The UAE’s Chimera just bought a stake in Gemini. Plus: B Investments acquires take in Egyptian IVF Center
The UAE’s Chimera bought 25% of Sawiris’ Gemini Global Development in a USD 100 mn transaction? Abu Dhabi-based investment firm…
Sawiris calls for end to “unfair” state involvement in the economy
This morning in the foreign press: Naguib Sawiris says he wants fair competition for Egyptian businesses. The outspoken b’naire told…
Ora plans USD 1 bn Africa expansion + Sawiris pivots to battery metals
Naguib Sawiris’ Ora Developers is planning to invest at least USD 1 bn over the next five years to increase…
Sawiris likes Chilean copper
Sawiris’ Altus to take a stake in Chilean copper mine: Naguib Sawiris-backed mining firm Altus Strategies has completed the first…
La Mancha fund aims to raise USD 300-400 mn investments
La Mancha’s fund targets USD 300-400 mn contributions: Sawiris-run La Mancha is open accepting new investors in its new USD…
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