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Pachin voluntary delisting starts tomorrow
Good afternoon, ladies and gentlemen, and welcome to the start of another workweek. It’s slow moving so far on the…
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
National Paints Holding shakes up Pachin board following takeover
Chairman and vice-chairman roles go to members of the Sayegh family, which owns NPH
Dubai takeover of Pachin is complete. PLUS: A real estate merger in the works?
The Dubai-based company purchased the remaining 20% of Pachin owned by state entities
Telecom Egypt sale is back on
The government will be selling shares at a 3.8% discount from current share price
Privatization and politics top coverage on the nation’s talk shows
Escalation in Sudan could have dire consequences for the region, says African expert
Net foreign liabilities hit fresh record high in March. PLUS: It’s decision day for Pachin shareholders
Commercial banks weigh on Egypt’s NFA position
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