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Compass Capital-owned real estate developer Bonyan acquires 6 East Cairo office buildings
Compass Capital-owned real estate developer Bonyan for Development and Trade has acquired six office buildings in East Cairo to expand…
Is Goldman Sachs being tapped to advise EFG on FAB’s acquisition bid? Plus: Old Mutual has competition for Lekela stake.
EFG Hermes plans to pick Goldman Sachs to advise shareholders on First Abu Dhabi Bank’s (FAB) acquisition bid, Bloomberg reported…
You’ve heard of e-commerce. Now we have a c-commerce player in town
UAE-based c-commerce platform Zbooni has launched operations in Egypt, according to a company press release. The company offers tools to…
Spain’s EOSOL to acquire 50% stake in Giza Systems subsidiary GSEC
Spanish engineering firm EOSOL Group will acquire a 50% stake in an engineering and construction subsidiary of B Investments’ Giza…
EFG looks to hire advisers for FAB acquisition bid
EFG Hermes is looking to appoint an international financial advisor and an Egyptian law firm to advise on First Abu…
2021 was big for M&A — and tech, education and healthcare should drive activity this year
M&A in Egypt continued to accelerate in 2H2021 as waning pandemic uncertainties and cheap international borrowing rates fuelled a rebound…
Macro marks EGX debut, says it’s eyeing an acquisition this year
Leading cosmeceutical outfit Macro Group is doing due diligence on an acquisition with an eye to completing the transaction this…
Mystery Egyptian investor looks to acquire Nesma Airlines
An “Egyptian investor” is looking to acquire 100% of Saudi airline Nesma within weeks, CEO Ashraf Lamloum told Enterprise, confirming…
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