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EBRD interested in acquiring stakes in United Bank, Banque du Caire
The European lender has lodged interest with the sovereign fund and is waiting for clarity about the size of the…
Egypt economic growth to accelerate this fiscal year as privatization boosts investment -BMI
BMI expects inflows from state asset sales to offset headwinds triggered by the war in Gaza
THIS EVENING: Egypt proposes 150 investment opportunities to KSA investors
Good afternoon friends and Happy Hump day. The news cycle is picking up with some privatization proposals as we come…
Egypt sells 30% stake in Eastern Company for USD 625 mn
The Emirati buyer will pay in USD in a boost for the state as it tries to ease the FX…
THIS EVENING: Eastern Company sells 30% stake for EGP 16.4 bn to UAE-based Global Investment Holding
Good afternoon friends and happy Thursday. We have a smattering of privatization updates as our news cycle winds down over…
Criticism of the (slow pace of) privatization, an airport cyberattack, and Gaza blanket the airwaves
Lamees El Hadidi interviews US Middle East humanitarian envoy David Satterfield
The developer of the new capital has received offers to advise on its planned IPO
Good morning, friends. It’s a reasonably brisk morning for news: Lamees El Hadidi tore a strip off policymakers last night…
Sovereign Fund of Egypt to finalize hotels sale this year -Soliman
A consortium of Talaat Moustafa Group and unnamed foreign investors agreed to buy a 37% stake in the government’s hotels…
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