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Ebtikar ups stake in Bee to 99.9% through share swap
Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has…
A solid year for M&A
It wasn’t “The Year of M&A,” but there was plenty of action and drama. After two years of y-o-y growth…
OC shareholders nod to USD 35 mn acquisition of Sawiris-owned business
Orascom Construction (OC) will acquire 100% of an equipment import, distribution and services business that is 100% owned by the…
FRA takes legal action against Speed Medical
Speed-related drama in the headlines: The Financial Regulatory Authority (FRA) has filed two lawsuits against Speed Medical (SPMD) before the…
MCI Capital now owns 23% of Cleopatra Hospitals
MCI Capital has acquired a 23% stake in Cleopatra Hospitals: MCI Capital Healthcare Partners, a subsidiary of state-owned financial services…
THIS MORNING: CBE extends pandemic fee cuts, tourism support measures + Anghami, Swvl in a race to see who SPACs first
Good morning, friends, and welcome to the final business week of 2021. We hope Santa Claus found you — and…
The private sector really likes higher education
Actis-backed Honoris makes an entry into Egypt with Merit University acquisition: Pan-African private sector higher education operator Honoris United Universities…
IDH pushes into Pakistan with landmark acquisition
Consumer healthcare giant Integrated Diagnostics Holdings (IDH) will acquire a major stake in one of Pakistan’s largest diagnostics providers, marking…
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