• Sunday, 12 May 2019

    What we’re tracking on 12 May 2019

    Welcome to another workweek, ladies and gentlemen — and to week two of Ramadan.Driving the agenda this week (caffeine withdrawal aside): Earnings season will hit a crescendo. Results from those companies that have so-far reported have been generally solid; The...
  • Sunday, 5 May 2019

    AMOC exits stage right from second wave of Egypt’s state privatization program

    EXCLUSIVE- AMOC won’t be in round two of the state privatization program; Sinai Manganese Company might be: Alexandria Mineral Oils Company (AMOC), which had earlier been dropped from the first wave of the state privatization program after posting an unexpected...
  • Thursday, 2 May 2019

    Tawfik: HHD to IPO in 4Q2019 or seek help from strategic investors

    IPO WATCH- Stake in Heliopolis Housing could be sold to a strategic investor: The Public Enterprises Ministry is working with the government’s IPO committee to decide the fate of Heliopolis Company for Housing and Development (HHD) after it was dropped...
  • Tuesday, 23 April 2019

    Heliopolis Housing out of first wave of stake sales; no stake sales during summer

    EXCLUSIVE- Heliopolis Housing dropped from first wave of state privatization program: Heliopolis Company for Housing and Development has been dropped from the lineup of companies included in the first wave of the state privatization program, Public Enterprises Minister Hisham Tawfik...
  • Sunday, 21 April 2019

    Heliopolis Housing to begin auctioning land in Sheraton next month

    Heliopolis Company for Housing and Development will begin auctioning 44 of its land plots in Sheraton, Heliopolis on 2 May, Managing Director for Financial Affairs Sahar El Damati told reporters, according to the local press. El Damat did not offer...
  • Sunday, 21 April 2019

    Banque du Caire plans to raise up to USD 400 mn in IPO

    Banque du Caire plans to raise up to USD 400 mn in IPO, eyes potential dual listing: Banque du Caire is expecting to raise between USD 300 mn and USD 400 mn when it sells a 20-30% stake on the...
  • Sunday, 21 April 2019

    What we’re tracking on 21 April 2019

    It’s the slowest Sunday morning we’ve had in just about forever. We blame the confluence of the constitutional referendum here at home, the release of the Mueller report in the United States, and the Western Easter holiday weekend everywhere from...
  • Sunday, 21 April 2019

    Heliopolis Housing to begin auctioning land in Sheraton next month

    Heliopolis Company for Housing and Development will begin auctioning 44 of its land plots in Sheraton, Heliopolis on 2 May, Managing Director for Financial Affairs Sahar El Damati told reporters, according to the local press. El Damat did not offer...
  • Sunday, 21 April 2019

    Banque du Caire plans to raise up to USD 400 mn in IPO

    Banque du Caire plans to raise up to USD 400 mn in IPO, eyes potential dual listing: Banque du Caire is expecting to raise between USD 300 mn and USD 400 mn when it sells a 20-30% stake on the...

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