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CI Capital, Compass launch fund to invest in EGX-listed firms
CAPITAL MARKETS- CI Capital + Compass Capital plan EGP 2 bn equity fund: CI Capital and Compass Capital are launching…
Goodbye GB Auto Group, hello GB Corp
AUTOMOTIVE- GB Auto is now GB Corp: GB Auto Group has rebranded itself as GB Corp, the company said in…
Forbes International Tower: Coming to a new administrative capital near you
REAL ESTATE- Magnom + Forbes to build tower in new capital: Magnom Properties, a unit of Saudi Arabia’s Rawabi Holding,…
Local BMW assembly is back, courtesy of Global Auto Group
AUTOMOTIVE- BMWs are now being assembled in Egypt for the first time in almost five years: Global Auto Group —…
Vodacom snaps up another 0.02% of Vodafone Egypt
CAPITAL MARKETS- Minority shareholders loath to part with Vodafone Egypt stakes: Vodacom is acquiring an additional 0.02% (49.5k shares) of…
State grain buyer GASC is getting into corn with first int’l tender
COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from…
Vodafone Egypt shareholders have until close tomorrow to sell to Vodacom
CAPITAL MARKETS- Minority shareholders in Vodafone Egypt will have another two days to decide whether to sell shares to Vodacom…
UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
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