{"id":606209,"date":"2023-09-12T00:00:00","date_gmt":"2023-09-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/12\/this-evening-govt-looking-at-another-stake-sale-for-telecom-egypt\/"},"modified":"2023-09-12T00:00:00","modified_gmt":"2023-09-12T00:00:00","slug":"this-evening-govt-looking-at-another-stake-sale-for-telecom-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/12\/this-evening-govt-looking-at-another-stake-sale-for-telecom-egypt\/","title":{"rendered":"THIS EVENING: Gov\u2019t looking at another stake sale for Telecom Egypt?"},"content":{"rendered":"

Good afternoon, ladies and gentlemen, and happy hump day. <\/strong> We\u2019re looking at a news day that promises to be led primarily by updates on the privatization front, as the state privatization program maintains momentum. <\/p>\n

THE BIG STORY TODAY <\/strong><\/p>\n

TE stake sale, take two? <\/strong> The Finance Ministry is reportedly considering selling another 10-15% stake in state-owned Telecom Egypt as part of the state privatization program, Al Borsa<\/a> reports, citing sources it says have knowledge of the matter. The potential stake sale would come a few months after the government sold<\/a> a 9.5% stake in the company to institutional investors. <\/p>\n

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ONE WEEK TO GO- There are just six days until the Enterprise <\/strong> Finance Forum, which takes place 18-19 September <\/strong>(Monday and Tuesday) at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech \u2014 and of their clients.<\/p>\n

What to expect: <\/strong> Join Amr Allam <\/strong>(co-CEO, Hassan Allam Holding), Pakinam Kafafi <\/strong>(CEO, Taqa Arabia), Sherif El Kholy <\/strong> (partner and head of MENA, Actis), Tarek Abdel Rahman <\/strong> (managing partner, Compass Capital), Tarek Assaad <\/strong> (managing partner, Algebra Ventures), Ahmed Sobhy <\/strong> (chief investment officer, Banque Misr), and many others for talks on everything from how PE and VC players are tackling fundraising in a challenging climate to what major corporate customers of banking and finance need to see from their institutions. <\/p>\n

Tap or click here to view the FULL AGENDA with SPEAKERS.<\/a><\/strong><\/a><\/strong><\/p>\n

There will be plenty of parking available at the venue <\/strong> for all those attending. <\/p>\n

We are honored to count some of the region\u2019s most important financial institutions as <\/strong><\/p>\n

our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, CI Capital, Global Corp, Visa, Hassan Allam Utilities, the IFC, and Post for Investment. <\/p>\n

<\/a> <\/p>\n

THE BIG STORY ABROAD <\/strong><\/p>\n