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Three local steel companies are looking to acquire state-owned Delta Steel
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
Saudi wealth fund to up its stake in e-Finance
e-Finance is looking to float 900k treasury shares
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Gov’t to sell stake in Alamal Alsharif Plastics -Asharq. PLUS: More Ebank stake sale rumors
The plastics maker is reportedly worth some EGP 7 bn
A week full of privatization + economy updates. Plus: There was plenty of diplomacy to go around
Good morning, ladies and gents, and welcome to another packed edition of the Enterprise Weekend Edition to match the relatively…
THIS EVENING: A new round of the car import scheme + New Maersk, AP Moller venture has its eyes on Egypt. Plus: More privatization updates
Good afternoon, ladies and gentlemen, and a very, very happy THURSDAY to us all. We have an uncharacteristically busy end…
Fitch expects net foreign liabilities in Egyptian banks to rise amid FX crunch
Net foreign liabilities in the banking sector hit a record high in June
The gov’t is pacing out its water desalination plant plans on FX challenges + land allocations
The first group of 3-4 desalination plants will require investments worth c. USD 1.5 bn
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