Egyptian Transport and Commercial Services Company (Egytrans NOSCO) has postponed the extraordinary general assembly that was set to consider voluntarily delisting its shares from the Egyptian Exchange (EGX), according to a company disclosure.

The Egyptian Competition Authority has approved seven significant acquisition deals, allowing domestic and international companies to invest in various sectors.

Sixth of October Development and Investment Company (SODIC) has finalized an agreement to sell its entire stake in SODIC Securitization to Beltone Holding.

The UK-based Harbour Energy PLC has signed an agreement to acquire the offshore concession areas owned by Germany’s Wintershall Dea in Egypt’s Nile Delta and the Mediterranean Sea.

A number of Egyptian institutions are expected to finalize acquisition deals worth a total of $1.5 billion this week.