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Ripplewood looks to acquire an additional 10% of SODIC
EXCLUSIVE- Tim Collins’ Ripplewood is looking to acquire another 10% of SODIC. The play was recently disclosed to select shareholders…
SPEED ROUND
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SPEED ROUND
Business conditions stabilize in January, input buying at its fastest since 2014
Business conditions in Egypt’s non-oil private sector broadly stabilized in January, according the Emirates NBD PMI reading for Januarycompiled by…
Earnings watch: Vodafone Egypt 3Q2017 results
Service revenues from Vodafone Group’s Egyptian operations rose 18.8% y-o-y in 3Q2017, “with successful segmented campaigns and rising data penetration…
SAR 60 bn investment fund is still on
Remember that SAR 60 bn investment fund announced during King Salman’s visit in 2016? It’s apparently still in the works…
Regional projects to increase national grid capacity by 25 GW in 2018, says Shaker
The Egyptian government is looking to launch an electricity interconnection project with Ethiopia and Sudan through a 1,600 km transmission…
Is the Oil Ministry backtracking on ending LNG imports in July?
Is the Oil Ministry backtracking on ending LNG imports in July? “Egypt will stop importing LNG by the end of…
HC Securities & Investment advising on M&As worth a combined EGP 3 bn, looks to enter leasing market
M&A WATCH- HC Securities & Investment is advising on M&A transactions in Egypt and internationally worth a combined EGP 3…
Kandil Steel to invest USD 40 mn in expanding production capacity
INVESTMENT WATCH- Kandil Steel plans to invest USD 40 mn to increase by 50% capacity to produce galvanized steel, chairman…
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