• Monday, 20 March 2023

    Two state-owned real estate players want to bring in strategic investors

    Two state-owned real estate companies seek investment through capital increases: State-owned real estate companies El Nasr Housing and Development and Maadi for Development and Construction will drum up investments from strategic investors through capital increases rather than selling stakes from...
  • Monday, 20 March 2023

    FRA approves National Paints Holding’s bid for Pachin

    The clock is ticking for Pachin shareholders: Shareholders of state-owned, EGX-listed Paint and Chemical Industries (Pachin) will have 10 working days to respond to Dubai-based National Paints Holding’s (NPH) takeover bid after the Financial Regulatory Authority (FRA) yesterday approved the...
  • Sunday, 19 March 2023

    SFE open to selling 100% of Safi, Wataniya to strategic investors -Soliman

    No limits on Safi, Wataniya stake sales -SFE’s Soliman: The Sovereign Fund of Egypt (SFE) could sell up to 100% of military-owned firms Safi and Wataniya to strategic investors depending on market appetite, Asharq Business quotes our friend SFE CEO...
  • Thursday, 16 March 2023

    SFE to sell up to 20% of Misr Ins. Holding to strategic investors

    SFE wants to offer a slice of Misr Ins. Holding to strategic investors: The Sovereign Fund of Egypt (SFE) plans to offer a 10-20% stake in Misr Ins. Holding (MIH) to strategic investors, sources close to the transaction told Enterprise....
  • Thursday, 16 March 2023

    Gov’t to start marketing state companies to investors in April, says Maait

    Mark April on your calendars: The Madbouly government will take to market some of the state-owned companies earmarked for privatization in its rebooted offering program, Finance Minister Mohamed Maait said yesterday, according to Bloomberg. “The implementation has already started and...
  • Wednesday, 15 March 2023

    CI Capital reportedly marketing at least 10% of Safi, Wataniya to strategics

    CI Capital offering at least 10% of Safi, Wataniya to strategics? The Madbouly government has reportedly tapped CI Capital to market stakes of at least 10% in military-owned bottled drinks firm Safi and fuel retailer Wataniya to strategic investors, Asharq...
  • Tuesday, 14 March 2023

    ADQ reportedly in early stage talks for a stake in Delta Sugar

    Does ADQ want a piece of Delta Sugar Company? Abu Dhabi sovereign wealth fund ADQ is reportedly in early talks with the government to snap up a 10-15% stake in the state-owned Delta Sugar Company, CNBC Arabia reports, citing unnamed...
  • Tuesday, 14 March 2023

    e-Finance wants a new strategic investor. Plus news from MNHD, KSA’s Bahri, and ACUD

    M&A- Is e-Finance looking to bring in a strategic investor? e-Finance is in advanced talks with a local strategic investor looking to buy into an EGP 2.5 bn capital increase for one of the state-owned e-payments firm’s subsidiaries, Al Borsa...
  • Tuesday, 14 March 2023

    EAEF wants to invest up to USD 50 mn in Egypt this year

    EAEF looking to reinvest Auf Group sale proceeds in our food, healthcare + agriculture sectors: The Egyptian-American Enterprise Fund (EAEF) plans to reinvest some of the proceeds from its sale of a stake in local snackmaker Auf Group in local...

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