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HHD pauses 10% stake + management contract amid conflicting reports of offers
PRIVATIZATION WATCH- HHD to pause share sale plans after finding no bidders for 10% stake + management rights: State-owned Heliopolis…
Egypt’s state privatization program could be out of hibernation in March
PRIVATIZATION WATCH- The government could be resuming the state privatization program as early as next month, Public Enterprises Minister Hisham…
Egypt’s Banque du Caire net profits jump 60% y-o-y
EARNINGS WATCH- Banque du Caire’s (BdC) net profits jumped 60% y-o-oy to EGP 6 bn in 2019, according to Mubasher.…
Four candidates will bid for HHD 10% stake + management rights on 23 February
EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills,…
What we’re tracking on 18 February 2020
Apple will miss its revenue guidance for the current quarter thanks to the impact on global sales of the coronavirus,…
No official bids yet for for 10% stake in HHD + management
PRIVATIZATION WATCH- No official bids yet for for 10% stake in HHD + management: Heliopolis Housing and Development (HHD) is…
Egypt takes its first step toward privatizing some military-owned companies
PRIVATIZATION WATCH- Egypt takes its first step toward privatizing some military-owned companies: The Sovereign Fund of Egypt (SFE) and the…
Last night’s talk shows for Tuesday 4 February 2020
The talking heads took a break yesterday from regional politics, and shifted gears to business and econ. On the agenda:…
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