Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion …
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IPO programme
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Egypt’s new capital in initial talks to hire advisor for H1/2024 IPO
by Yomna Yasserby Yomna YasserAdministrative Capital for Urban Development (ACUD), the owner and developer of Egypt’s new capital, is in talks …
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EGXEgypt NewsFeatureIndustry & TradeNewsStocksTech/AI
Egypt aims to raise $5 billion from sale of stakes in state firms by June-end: minister
by Yomna Yasserby Yomna YasserEgypt aims to raise between $4 billion and $5 billion from the sale of stakes in state-owned …
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Egypt NewsFeatureIndustry & TradeMENA NewsNewsTech/AI
UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company
by Yomna Yasserby Yomna YasserUAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares …
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Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in …
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Consortium including Talaat Moustafa subsidiary buys $700 mln stake in Egypt hotel holding firm
A consortium that includes Egypt’s Talaat Moustafa Group Holding (TMG Holding) has bought a stake in a …
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BanksEGXEgypt NewsFeatureFinancial InstitutionsIndustry & TradeMoneyNewsReal EstateStocksTech/AI
Egypt sells state stakes for $1.9 billion – PM
Egypt has sold stakes in some state-owned entities, said Prime Minister Moustafa Madbouly in a press conference …
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Egypt picks IFC as strategic advisor for asset monetisation scheme
by Yomna Yasserby Yomna YasserEgypt has chosen the International Finance Corporation (IFC), the World Bank’s investment arm, as its strategic advisor …
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EGXFeatureFinancial InstitutionsMoneyStocks
Egypt to complete Misr Life Insurance share sale before H1-end: minister
by Sanaa Allamby Sanaa AllamEgypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them …
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Egypt to announce detailed plan for IPO programme next week – Cabinet
by Nada Aliby Nada AliEgypt’s Prime Minister Moustafa Madbouly said on Wednesday that government would announce a detailed plan for its …
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