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IMEX International acquired 93.9% of Nile Cotton Ginning on Thursday for EGP 2.48 bn, buying 49.76 mn shares at EGP 50 apiece, Al Mal reports, citing a disclosure to the EGX on Thursday. EgyTrend is acting as IMEX’s financial advisor on the transaction.
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The region recorded 40 IPOs during the year, down from…
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…
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