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NBE pushing into non-bank financial services
Al Ahly Capital has wrapped up its acquisition of a 75% stake in e-payments player Momken, National Bank of Egypt…
Is the SPAC party coming to an end?
Is the SPAC party coming to an end? Blank-check companies have jumped the shark: They’re the topic of rap songs…
Cheiron, Cairn to acquire Shell Egypt’s onshore assets
Cheiron, Cairn to acquire Shell assets in a transaction worth up to USD 926 mn: Shell has agreed to sell…
Banque Misr won’t hike its offer price for CI Capital
Banque Misr says it has no plans to hike the price it’s willing to pay to raise its stake in…
Saudi wealth fund to take top offshore outfit ADES International private
Saudi Arabia’s Public Investment Fund is looking to take leading regional oil and gas services company ADES International private. The…
CI Capital rejects Banque Misr’s offer price
CI Capital has rejected an offer by Banque Misr to acquire a 90% stake in the company. The state-owned bank…
What the markets are doing on 4 March 2021
It’s Beijing’s turn to sound the bubble alarm: China is likely to see further monetary tightening amid threats arising from…
Al Ahly Capital closing in on Momken acquisition
Al Ahly Capital is reportedly in the final stretch of acquiring a majority stake in e-payment firm Momken in a…
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