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SEII close to acquiring 70% of state-owned glassmaker
SEII will buy into the company through a capital increase
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
MPs still balk at the liquidation of state-owned ZombieCos
Public Enterprises Minister defends privatization plans + more overpopulation talk in the House: Public Enterprises Minister Mahmoud Esmat was in…
What? You’re still going to sell state assets?
Some MPs aren’t happy that our new public enterprises minister is holding the line on liquidating loss-making companies: A handful…
Textiles and garment manufacturers weigh in on privatization
What do textile and garment manufacturers think of the state’s privatization plan? As part of its state ownership policy document,…
Last Night’s Talk Shows: Tragedy in Imbaba + New cabinet members sworn in
The fire at the Abu Sefein church in Imbaba dominated coverage on the airwaves last night. The incident and its…
No new sin tax on smokes, Egypt’s finance ministry says
The Finance Ministry has not imposed a new sin tax on cigarettes, but will begin to direct the proceeds from…
Local EV batteries in the works? + Italian firms want in on our rail network
The Public Enterprises Ministry is currently in talks with two local companies to manufacture a prototype battery for electric vehicles,…
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