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HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020
M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn…
Could Telecom Egypt sell its stake in Vodafone Egypt?
M&A WATCH- Could Telecom Egypt sell its stake in Vodafone Egypt? Telecom Egypt (TE) is more likely to offload its…
What we’re tracking on 3 February 2020
The results of the 2020 Enterprise Reader Survey are in. Altogether, businesses in Egypt say they fared relatively well in…
What we’re tracking on 2 February 2020
The business community is mourning Khaled Bichara, who tragically passed away on Friday in a car accident on the Ring…
Vodafone refuses to comment on STC acquisition talks
M&A WATCH- Vodafone won’t comment on STC acquisition talks: A senior Vodafone official yesterday refused to comment on reports that…
Egypt electricity exports fall 15% from July to November
Egypt’s electricity exports fell 15% to 47 mn KWh in November from a peak of 55 mn KWh in July,…
EGPC signs USD 450 mn in oil and gas E&P agreements
EGPC signs USD 450 mn in oil and gas E&P agreements: The state-owned Egyptian General Petroleum Corporation (EGPC) yesterday signed…
MENA fund managers to hold on Egypt, raise Saudi investments
MENA fund managers seen leaving Egypt allocations unchanged for now: “Most” of the nine MENA fund managers polled this week…
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