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Dragon Oil agrees to acquire BP’s GUPCO assets
M&A WATCH- Dragon Oil agrees to acquire BP’s Gulf of Suez assets: BP reached an agreement to divest its interests…
Government IPOs set for September on schedule
EXCLUSIVE- IPOs by state-owned companies set for fall as planned, come what may: State-owned companies selected to make initial public…
Earnings watch: Cleopatra Hospitals reports 1Q2019 profits
Cleopatra Hospitals Group reported a 4% y-o-y dip in 1Q2019 net profits to EGP 55.1 mn compared to EGP 57.2…
Mineral Resources Act gets committee-level approval at Egypt’s House
LEGISLATION WATCH- Mineral Resources Act gets committee-level approval at House: Committees at the House of Representatives have given a preliminary…
Edita signs USD 30 mn loan facility agreement with the IFC
INVESTMENT WATCH- Edita lands loan worth up to USD 30 mn from IFC: Edita has signed an agreement with the…
Helios, EAEF acquire 96.7% stake in Misr Hytech
M&A WATCH- Helios, EAEF acquire 96.7% of Misr Hytech: Helios Investment Partners and the Egyptian-American Enterprise Fund (EAEF) have acquired…
Delek hopes to start gas exports to Egypt by the end of June
Delek looks set to meet its end-of-June target to start gas exports to Egypt: Israel’s Delek Drilling is on track…
Abu Qir to sell stake after Eid as part of Egypt’s privatization program
Abu Qir stake sale to take place after Eid El Fitr: The government could sell as much as 20% of…
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