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Speed Medical buying out partners in Prime Speed?
Diagnostics and healthcare firm Speed Medical (SPMD) wants to take 100% ownership of Prime Speed Healthcare, according to a report…
What the markets are doing on 16 February 2021
Less than half of Lebanon’s large banks expect to meet the central bank’s new capital requirements when they are introduced…
Brokerage ANFI looks like it’s picked a suitor in bidding war
ANFI agrees to DD on acquisition bid: Brokerage house Alexandria National Company for Financial Investments’ (ANFI) board said it will…
Dreaded FY2020 earnings season is upon us
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.6 bn (10.1% above the 90-day average). Foreign investors…
What’s a good target price for CI Capital? Plus: Egypt is still overweight in EFG Hermes’ MENA Top 20
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.53 bn (6.3% above the 90-day average). Local investors…
The guys who brought you Speed Medical are now getting into the finance industry
Aton Holding has acquired Pharos Asset Management and its Pharos Fund I private equity back in mid-January for an undisclosed…
Dana Gas says Egypt asset sale didn’t do its earnings any favors
Dana Gas points to Egypt asset sale for its 2020 losses: Abu Dhabi-listed energy producer Dana Gas reported a net…
Is ADIB about to sell Assiut Islamic Trading?
A group of investors want to acquire up to 100% of Abu Dhabi Islamic Bank subsidiary Assiut Islamic Trading. The…
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