Latest in Tag: Enppi Highlight
Latest in Tag: Enppi

Enppi, Petrojet acquire foreign partner’s stake for $117m
Star Ltd. sold its shares in the company, and Cairo Capital is the broker of the two parties to the deal: Sources

Al Ahly seeks to beat ENPPI to maintain league lead
Al Ahly is looking for its fifth consecutive win in the Egyptian Premier League when it plays ENPPI on Thursday night in a postponed match of the local competition. Al Ahly enters the game with high morale after regaining the league lead with 70 points. While ENPPI, ranking tenth in the table, has won its …

Government resumes offering 25% of Enppi on EGX
The government committee supervising the state IPO programme gave the green light for resuming offering process of the Engineering for Petroleum and Process Industries (Enppi) on the Egyptian Exchange (EGX). Officials responsible for the offering process have resumed their meetings with Enppi’s representatives in the past period, an informed source told Daily News Egypt, adding …

Egypt signs agreement with CI Capital, Jefferies bank, Emirates NBD to manage ENPPI’s IPO
IPO of stake in ENPPI announced, postponed many times; initially scheduled to take place before end of 2017

Enppi to offer 24% stake on EGX by end-2018
Engineering for the Petroleum and Process Industries (Enppi) will offer a 24% stake of the company on the Egyptian Exchange (EGX) by the end of the year, according to its head, Mohamed Hat’hout. The Ministry of Investment is seeking to use the partial offering of some state-run companies on the Egyptian Exchange to attract foreign …

Enppi’s 24% IPO on EGX likely to take place in Q2: source
All legal, procedural hurdles related to sale have been cleared

Investment Ministry discusses IPO of Enppi
The IPO programme aims to activate the stock market, enhance transparency and governance, and attract foreign investments, says Nasr

Baker McKenzie, Matouk Bassiouny, Zulficar, Zaky Hashem compete to provide legal consultation for ENPPI’s IPO
The IPO procedures allow lawyers to present their bids for the competing investment banks

Football roundup: Zamalek widens gap with Al-Ahly, ENPPI stands ground
Last year’s runners-up fail to climb out of relegation zone

Egyptian death sentence for football fans puts president’s iron grip to the test
By James M. Dorsey Egyptian-general-turned-president Abdel Fattah Al-Sisi’s iron grip on dissent is likely to be put to the test with the sentencing to death of 11 football fans for involvement in a politically loaded football brawl three years ago that left 74 militant supporters of storied Cairo club Al-Ahly SC dead. The brawl and …

Air Defence Stadium trial to start 18 April
Incident left 20 hardcore Zamalek UWK fans dead

EGP 100,000 per killed football fan
The compensation is based on a request by the Ministry of Youth and Sports

Fans tortured at Giza police station after football stadium drama: Lawyers
Lawyers report that arrestees have been tortured into stating they were paid to riot by Muslim Brotherhood

Amnesty International calls for investigation of security officials
Despite incriminating evidence, Egyptian officials refuse responsibility for deaths of at least 22 fans last Sunday, says watchdog

Football deaths raise stakes for Egypt’s general-turned-president Al-Sisi
By James M. Dorsey The death of at least 40 militants, highly politicised, and street battle-hardened Egyptian football fans in clashes with security forces raises the stakes for General-turned-President Abdel Fattah Al-Sisi’s efforts to suppress political dissent. The incident is one of the worst in Egyptian sporting history and the latest in a number of …

Update: Death toll at football game rises to 27
The fans had been entering the stadium to watch the game between Zamalek and Enppi team

Al-Ahly defeats ENPPI for Group A’s pole position
Omar Gamal to White Knights, Gedo back to Red Devils

Ahly and Zamalek to face-off in African league, maintain league top spots
The two Egyptian giants were drawn into the same group for the CAF Champions League