Pre-Trading Thoughts 3/10/2021
-e-finance indicative price range implies a pre-money valuation range of EGP20.0-22.4 billion -Ministry of Finance noted that around 3.03k companies have already joined the e-invoice platform; with total of 60.5 million electronic invoices (e-finance) -The Customs Authority’s Advanced Cargo Information (ACI) platform now being implemented (e-finance) -HRHO is in talks to acquire a 45-49% stake in Ignis Energia valued at EUR1 billion, through a capital increase -Egyptian Insurance compan...
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