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Egypt’s Tharaa to tap financial advisor for combined cycle plant stake sale next week
Tharaa to tap financial advisor for combined cycle plant stake sale next week: Egyptian sovereign wealth fund Tharaa is set…
Investors will appreciate policy stability from Amer staying on as CBE governor, Bloomberg says
Investors will welcome Amer getting a second term as CBE governor as it signals policy stability, Bloomberg says: Tarek Amer…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
Rameda prices its IPO at EGP 4.66 per share
IPO WATCH- Rameda has priced its IPO at EGP 4.66 per share: Rameda Pharma has announced (pdf) that it will…
Pet care startup Vetwork in six-figure USD seed round
STARTUP WATCH- Pet care startup Vetwork in six-figure USD seed round: Cairo-based pet care startup Vetwork has raised six-figures of…
Egyptian Financial Regulatory Authority issues new regs allowing greater participation in investment funds
REGULATION WATCH- FRA issues new regs that sound like a chaperone agreement for investment funds: The Financial Regulatory Authority (FRA)…
Al Madar, SEII consortium to decide on Emisal bid this week
M&A WATCH- Al Madar, SEII consortium to decide on Emisal bid this week: A consortium of Kuwait’s Al Madar Finance…
EDF acquires undisclosed stake in Egyptian renewables company KarmSolar
M&A WATCH- EDF acquires undisclosed stake in Egypt’s KarmSolar: French energy company EDF Renewables has acquired a “strategic stake” in…
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