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

john-middelkoop-j67BWwvS9h8-unsplash
Namibia positions itself as a green hydrogen contender despite export hurdles
06/06/2025
7 hours ago
Vitalio Angula
Read More »
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
06/06/2025
14 hours ago
Dulue Mbachu
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
06/06/2025
15 hours ago
Will McBain
Read More »
Stay ahead with Real time Updates

Recent Politics

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
06/06/2025
14 hours ago
Dulue Mbachu
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
06/06/2025
15 hours ago
Will McBain
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
05/06/2025
1 day ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

john-middelkoop-j67BWwvS9h8-unsplash
Read More »
Namibia positions itself as a green hydrogen contender despite export hurdles
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Read More »
Tinubu’s tax reform falls short of ambition after resistance from northern states
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Read More »
Tinubu’s tax reform falls short of ambition after resistance from northern states
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Allen dreyfus Logo
Read More »
West Africa’s BCEAO cuts key rate for first time since 2023 as inflation slows
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Allen dreyfus Logo
Read More »
West Africa’s BCEAO cuts key rate for first time since 2023 as inflation slows
jean-claude-akarikumutima-b-HnOOPRfTI-unsplash
Read More »
IMF warns of rising debt pressure in Rwanda