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Hazem Badran, Tarek Tantawi set up new PE firm
Former CI Capital co-CEOs Hazem Badran (bio) and Tarek Tantawi (LinkedIn) appear to be setting up a new PE firm,…
TONIGHT: ADCB extends deadlines for bids on Alex Medical; Ever Given to remain under detention; Electricity privatization could take longer; it’s the last day of Premier League 2020-21
It’s a M&A-heavy start to the news week, with some of the familiar faces announcing timetables for key transactions down…
To universal bankhood, and beyond
EFG and the SFE have inked agreements to buy a supermajority stake in AIB in a transaction worth some EGP…
Junk SPACs are becoming an issue of concern
Silicon Valley veteran is worried about the proliferation of “junk” SPACs: The meteoric growth in the number of blank check…
EFG Hermes set to transform into universal bank as SFE proves it’s serious about public-private partnership
EFG + SFE’s acquisition of AIB gets Cabinet nod: EFG Hermes and the Sovereign Fund of Egypt’s (SFE) acquisition of…
Raya on verge of acquiring GCC call center company
Raya Contact Center is on course to acquire 100% of an unnamed call center company based in the Gulf after…
Speed Medical to acquire 25% stake in software company + get in on consumer lending
Speed Medical is planning to snap up a 25% stake in DG Well, a software company that owns the CareSquare…
First Cleopatra, now Nile Misr.
Nile Misr Healthcare plans to lower its initial offer for a majority stake in Alexandria Medical Services following Cleopatra Hospital…
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