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EFG Hermes, SFE to complete due diligence on AIB in February -sources
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank…
MNHD signs final agreement to offload stake in Nasr Utilities
M&A WATCH- MNHD signs final agreement to offload stake in Nasr Utilities: Madinet Nasr for Housing and Development (MNHD) has…
Egypt entered the crisis strong, and will come out even stronger -Al Mashat
What doesn’t kill you makes you stronger— This was the key message relayed by International Cooperation Minister Rania Al Mashat…
Egypt Kuwait Holding increases stake in Mohandes Insurance by another 2%
Egypt Kuwait Holding (EKH) has purchased another 2% stake in Mohandes Insurance, just a few days after it doubled its…
A shorter window in which to remit VAT will see tighter credit terms and squeezed cashflows at some businesses
SPOTLIGHT- A shorter window in which to remit VAT will see tighter credit terms and squeezed cashflows at some businesses:…
Odin Investments to move forward with El Nasr Civil Works acquisition this month
M&A WATCH- Odin Investments to move forward with El Nasr Civil Works acquisition this month: Odin Investments is expected to…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
Diplomacy + Foreign Trade on 15 November 2020
It’s a slow morning for news on the diplomacy + foreign trade fronts. The top story: The European Bank for…
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