{"id":555386,"date":"2021-11-11T04:11:21","date_gmt":"2021-11-11T04:11:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/last-nights-talk-shows-on-vodafone-egypt-selling-its-majority-stake-the-cabinets-meeting\/"},"modified":"2021-11-11T04:11:21","modified_gmt":"2021-11-11T04:11:21","slug":"last-nights-talk-shows-on-vodafone-egypt-selling-its-majority-stake-the-cabinets-meeting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/last-nights-talk-shows-on-vodafone-egypt-selling-its-majority-stake-the-cabinets-meeting\/","title":{"rendered":"Last Night\u2019s Talk Shows on Vodafone Egypt selling its majority stake + the cabinet\u2019s meeting"},"content":{"rendered":"

Talk shows got businessy last night discussing the selling of Vodafone Group\u2019s <\/strong>majority stake in Vodafone Egypt<\/strong>, which will be sold to Vodacom Group for some EUR 2.7 bn. We don\u2019t have to worry about the iconic red mobile network going anywhere: Vodafone Egypt will maintain its identity post acquisition, from its name to its logo, and will continue to service its users, Mohamed Ibrahim, executive director at the National Telecom Regulatory Authority (NTRA), told Yahduth Fi Masr (watch, runtime: 2:36<\/a>).<\/p>\n

The regulator is studying the sale:<\/strong> Vodafone Egypt has come forward to the NTRA with its intent to sell and the authority will study the move from the legal and regulatory aspects before coming to a decision. The authority will look into Vodacom\u2019s strategic plans in Egypt in the coming period and the acquiring company\u2019s ability to ensure that users will continue to receive top notch service, Ibrahim told Ala Mas\u2019ouleety (watch, runtime: 5:56<\/a>), who also virtually hosted Vodafone Egypt\u2019s external relations director, Ayman Essam (watch, runtime: 10:14<\/a>).<\/p>\n

The cabinet\u2019s latest meeting was also a major talking point: <\/strong>Amendments to the Real Estate Registry Act and the Income Tax Act which were approved during yesterday\u2019s cabinet meeting were covered and discussed all over: Masaa DMC (watch, runtime: 10:56<\/a>), Al Hayah Al Youm (watch, runtime: 10:38<\/a>) and Ala Mas\u2019ouleety (watch, runtime: 6:24<\/a>). Real Estate Registry and Notarization head Gamal Yaqout told Yahdoth Fi Masr (watch, runtime: 4:42<\/a>) that these amendments come in line with the state\u2019s digital transformation. The amendments separated the taxation process from the home registration process making them parallel to each other. Yaqout said that the Real Estate Registry Act will be seeing a total revamp, with a number of articles deleted, some added and some amended.<\/p>\n","protected":false},"excerpt":{"rendered":"

Talk shows got businessy last night discussing the selling of Vodafone Group\u2019s majority stake in Vodafone Egypt, which will be sold to Vodacom Group for some EUR 2.7 bn. We don\u2019t have to worry about the iconic red mobile network going anywhere: Vodafone Egypt will maintain its identity post acquisition, from its name to its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9281],"tags":[214,168,72,410,884,106,378,713,117,467,142],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555386","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-cit","tag-diplomacy","tag-enterpriseam","tag-gerd","tag-income-tax-act","tag-last-nights-talk-shows","tag-national-telecom-regulatory-authority","tag-real-estate-registry-act","tag-us","tag-vodacom","tag-vodafone-egypt","wpautop","entry"],"acf":{"mongo_id":"78c23fb8-8190-41fa-bf1f-fe371f359900","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[555364],"teaser":"","voice_url":""},"yoast_head":"\nLast Night\u2019s Talk Shows on Vodafone Egypt selling its majority stake + the cabinet\u2019s meeting - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/last-nights-talk-shows-on-vodafone-egypt-selling-its-majority-stake-the-cabinets-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Last Night\u2019s Talk Shows on Vodafone Egypt selling its majority stake + the cabinet\u2019s meeting\" \/>\n<meta property=\"og:description\" content=\"Talk shows got businessy last night discussing the selling of Vodafone Group\u2019s majority stake in Vodafone Egypt, which will be sold to Vodacom Group for some EUR 2.7 bn. 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The company reportedly acquired Vodafone\u2019s 132 mn shares in Vodafone Egypt in a block trade transaction on the EGX\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/182.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542832,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/vodacom-shareholders-approve-vodafone-egypt-acquisition\/","url_meta":{"origin":555386,"position":1},"title":"Vodacom shareholders approve Vodafone Egypt acquisition","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"Vodafone Plc took a step closer to offloading its majority stake in Vodafone Egypt to its South African subsidiary yesterday after receiving shareholder backing. A majority of shareholders in Vodacom approved the acquisition of the 55% stake in Vodafone Egypt during a general meeting, the Johannesburg-listed company announced in a\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555368,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/give-me-the-green-light\/","url_meta":{"origin":555386,"position":2},"title":"Give me the green light","author":"enterpriseam admin","date":"11 November 2021","format":false,"excerpt":"Vodafone Group has agreed to transfer its 55% stake in Vodafone Egypt to Vodacom, its sub-Saharan African subsidiary, in a EUR 2.72 bn transaction, according to a company statement. The move will \u201csimplify\u201d the management of its African holdings, according to the UK-based parent company. The South Africa-based telecommunications company\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/411.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598880,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/vodafone-egypt-fined-for-poor-service\/","url_meta":{"origin":555386,"position":3},"title":"Vodafone Egypt fined for poor service","author":"enterpriseam admin","date":"11 June 2019","format":false,"excerpt":"Vodafone Egypt fined for poor service: The National Telecom Regulatory Authority (NTRA) has fined Vodafone Egypt EGP 10 mn after its mobile network allegedly faltered for several hours last Tuesday, according to an NTRA statement picked up by Reuters Arabic. In a clear message to operators, the NTRA notes that\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578055,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/14\/vodacom-is-officially-vodafone-egypts-majority-shareholder\/","url_meta":{"origin":555386,"position":4},"title":"Vodacom is officially Vodafone Egypt\u2019s majority shareholder","author":"enterpriseam admin","date":"14 December 2022","format":false,"excerpt":"South Africa\u2019s Vodacom now owns the lion\u2019s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its Egyptian unit to its South African subsidiary Vodacom in a EUR 2.37 bn cash and stock transaction, it said in a statement yesterday. 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