Vodafone Egypt to invest USD1.3bn over three years on network
Vodafone Egypt will invest around 9.5 billion Egyptian pounds ($1.3 billion) over the next three years to improve its network.
Egypt Bourse still in talks with Etisalat over listing shares
Egypt is aiming to reach an agreement with UAE's mobile operator Etisalat on listing its Egyptian arm's shares in the local market within the upcoming period.
Sawiris-led EFG Hermes bid in doubt as holders baulk at price
Billionaire Naguib Sawiris' second bid for a stake in Egypt's biggest investment bank EFG Hermes hung in the balance on Sunday as shareholders agreed to sell just under half of the shares sought.