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Gov’t to allow private sector to own just under 50% of a public sector holding companies
LEGISLATION WATCH- Gov’t to allow private sector to own just under 50% of a public-sector holding companies: The Public Enterprises…
SPEED ROUND
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SPEED ROUND
EGX, Oil Ministry officials begin deliberations over setting up natural gas futures exchange
EGX, Oil Ministry officials begin deliberations over setting up natural gas futures exchange: Bourse officials have reportedly started talks with…
Egypt, Cyprus reach agreement on gas pipeline
Egypt, Cyprus reach agreement on key gas pipeline: Cairo and Nicosia have reached an agreement to connect the Aphrodite gas…
Saudi recalls ambassador to Canada, suspends future investments
Saudi recalls ambassador to Canada and suspends future investments: Saudi Arabia has recalled its ambassador to Canada and given Canada’s…
NBK-Egypt reports 36% y-o-y increase in net profits to EGP 988.8 mn
EARNINGS WATCH- The National Bank of Kuwait-Egypt reported a 36% y-o-y increase in 1H2018 net profit to EGP 988.8 mn,…
NIB considers partial sale of takes in five state-owned banks
NIB considers partial sale of stakes in five state-owned banks: Egypt’s state-owned National Investment Bank (NIB) is considering partially exiting…
Galina-Agrofreeze looks towards EGX listing as it seeks to leave Nilex
IPO WATCH- Galina-Agrofreeze looks to spin off and list its frozen fruit and veggies business on the EGX: Galina-Agrofreeze Fruits…
Unionaire Group pushes planned IPO to end-2019
IPO WATCH- Unionaire Group pushes planned IPO to end-2019: It looks like Unionaire Group has once again decided to postpone…
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