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Sawiris’ La Mancha transforms into mining fund
Sawiris-run La Mancha is transforming itself into a USD 1.4 bn mining fund that includes all of La Mancha’s current…
Sawiris’ Endeavour becomes an LSE-listed company
Naguib Sawiris-backed Endeavour Mining has listed today on the LSE after being admitted into the UK Listing Authority’s premium listing…
Orascom Investment to sell Pakistan internet subsidiary
Naguib Sawiris’ OIH to sell stake in Pakistan-based submarine cables business: Orascom Investment Holding’s board of directors has preliminarily approved…
Also on our Radar on 6 April 2021
Egypt is planning to develop six “new cities” across the country, as part of its urban development plans, Deputy Housing…
Sawiris gearing up to bid for gold exploration blocks in Egypt
Naguib Sawiris is planning to take part in Egypt's ongoing gold exploration tender, the bn’aire said at a conference yesterday,…
Shuffle at Beltone management following demerger
The EGX30 fell 0.03% at today’s close on turnover of EGP 1.34 bn (7.9% below the 90-day average). Foreign investors…
Signed, sealed, and delivered
Another four mining companies signed yesterday 10 new gold exploration contracts worth a combined USD 11 mn with the Oil…
Qatari Diar to resume City Gate project
Qatari Diar will resume work on its CityGate project after getting the green light from the New Urban Communities Authority…
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