Search
Login
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Gulf Sovereign Wealth Funds Intensify Bids for Egypt Telecom’s Stake in Vodafone Egypt

Allen dreyfus Logo
© Allen Dreyfus

Elsayed solyman

Elsayed Solyman, a journalist with over 15 years’ experience, has refined his editorial and production skills as a senior reporter at major outlets, delivering impactful economic stories across platforms.
  • Interest from prominent Gulf entities including Abu Dhabi Wealth Fund and Saudi Sovereign Wealth Fund
  • Potential acquisition deal estimated at USD 1.25 billion

 

Several sovereign wealth funds from Gulf countries are intensifying their bids to acquire a significant stake owned by Egypt Telecom in Vodafone Egypt, according to sources close to the matter who spoke to Allen Dreyfus on condition of anonymity.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

PAPSS CARD LAUNCH © Afreximbank
Can PAPSSCARD compete with Visa and MasterCard on African soil?
25/07/2025
1 day ago
Kent Mensah
Read More »
peinge-nakale-9dM9XfNuRfk-unsplash
Namibia’s banking liquidity improves despite asset dip
25/07/2025
1 day ago
Vitalio Angula
Read More »
Photo by Etty Fidele © Unsplash Cocoa
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
25/07/2025
1 day ago
Dulue Mbachu
Read More »
Stay ahead with Real time Updates

Recent Politics

ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
25/07/2025
1 day ago
Evans Effah
Read More »
emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
17/07/2025
1 week ago
Dulue Mbachu
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
16/07/2025
1 week ago
Dulue Mbachu
Read More »

Latest Posts

Latest news insights

PAPSS CARD LAUNCH © Afreximbank
Read More »
Can PAPSSCARD compete with Visa and MasterCard on African soil?
peinge-nakale-9dM9XfNuRfk-unsplash
Read More »
Namibia’s banking liquidity improves despite asset dip
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Read More »
Ghana’s opposition petitions president over electoral chaos, illegal mining
Photo by Etty Fidele © Unsplash Cocoa
Read More »
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
peinge-nakale-9dM9XfNuRfk-unsplash
Read More »
Namibia’s banking liquidity improves despite asset dip
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Read More »
Ghana’s opposition petitions president over electoral chaos, illegal mining
Photo by Etty Fidele © Unsplash Cocoa
Read More »
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
ariel-nathan-ada-mbita-YdHJrPZjRrY-unsplash
Read More »
Cameroon’s inflation eases slightly ahead of high-stakes election
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Read More »
Ghana’s opposition petitions president over electoral chaos, illegal mining
Photo by Etty Fidele © Unsplash Cocoa
Read More »
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
ariel-nathan-ada-mbita-YdHJrPZjRrY-unsplash
Read More »
Cameroon’s inflation eases slightly ahead of high-stakes election
1731537414921_lusaka-city-at-night-zambia
Read More »
Zambia nears debt deal completion, forecasts economic surge in 2026