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Gov’t sells 10% stake in Telecom Egypt
The government raised USD 129 mn in the sale, according to reports
The privatization program is up and running
Plus: The Enterprise Exports & FDI Forum, the National Dialogue and deadline day for the car import scheme
Telecom Egypt completes work on 2Africa mega cable
The 45k-km cable will Africa, Europe and Asia and is being worked on a consortium of global companies
Telecom Egypt sale is back on
The government will be selling shares at a 3.8% discount from current share price
What the markets are doing on 3 April, 2023
MARKET NEWS- Ezz Steel’s net income rose 23.2% y-o-y to EGP 6.6 bn in 2022, according to an EGXdisclosure(pdf). The…
Telecom Egypt appoints new CEO after Adel Hamed submits resignation
Hamed steps down after 4 years as TE’s CEO
Telecom Egypt stake sale postponed on market volatility -Asharq
Global markets are on edge following collapse of US mid-sized lenders
THIS MORNING: Gov’t could offload 10% of TE this week, according to local media
Transaction managers CI Capital and Al Ahly Pharos are reportedly awaiting final approvals
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