Egypt’s government plans to sell a stake in United Bank via an initial public offering (IPO) during the first quarter of 2025. The move comes as Egypt pushes ahead with its privatization program under reforms backed by the International Monetary Fund (IMF). According to a September statement, the Central Bank of Egypt (CBE) sought the … Read more
Why would a successful and dominant telecom group, with a strong footprint in fast-growing Asian and African markets, want to venture into a mature, low-growth market like the UK? That’s the question analysts were asking after Bharti Enterprises, the company that controls Bharti Airtel, India’s second-largest telecommunications company, announced a binding agreement to acquire a … Read more
Kansas City Chiefs tight end Travis Kelce (87) warms up before an NFL preseason football game against the Detroit Lions Saturday, Aug. 17, 2024, in Kansas City, Mo. (AP Photo/Charlie Riedel) Three-time Super Bowl-winning Kansas City Chiefs tight end Travis Kelce has bought an ownership stake in a racehorse named Swift Delivery. Team Valor International … Read more