Speed Round

Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020

by enterpriseam adminEgypt Edition16 January 2020

Read Full Issue

INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according to the local press. It remains unclear what these investments will be used for. Pioneers had submitted a mandatory tender offer (MTO) for a 90% stake in five of its subsidiaries listed on the stock exchange.

Related

Tags:

and Electro Cable Egypt El Giza General Co. for Contracting & Real Estate El Motaheda for Housing & Reconstruction El Saeed for Contracting & Real Estate Investment Pioneers Holding SPEED ROUND

More from Enterprise

Banking

CBE tightens oversight on NBFIs banking amid debate

CBE tightens oversight on NBFIs banking amid debate

The move comes amid a growing debate over the rapid…

Finance

Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant

Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant

The facility could add more than 10% to global SAF…

Capital Markets

New tax bill heads to House ahead of July rollout

New tax bill heads to House ahead of July rollout

The new package scraps the contentious capital gains tax, overhauls…

Fintech

Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads

Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads

The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…

Now Playing

Now Playing

00:00

00:00