M&A WATCH- Prime Holding has acquired boutique advisor Paradigm Invest as part of its expansion into investment banking, according to Al Mal, which cites a source close to the transaction. Prime hopes the acquisition will create synergies in both companies, with Prime benefitting from Paradigm’s M&A and transactions advisory focus and Paradigm from Prime’s client base.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…