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Sodic on the offense on HHD tender
PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against…
FRA to review Titan Group’s MTO for Alexandria Cement
M&A WATCH- Regulator to review Titan Group’s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will…
UAE’s FAB to decide on Bank Audi Egypt purchase in 2Q2020
M&A WATCH- FAB to decide on fate of its bid to acquire Bank Audi in 2Q2020: First Abu Dhabi Bank…
Sawiris eyes 51% stake in state-owned Shalateen mining company
M&A WATCH- Sawiris eyes majority stake in state-owned Shalateen: Naguib Sawiris is in talks with the government to buy a…
Telecom Egypt taps EFG Hermes, Citibank, Al Tamimi to advise on acquisition options
M&A WATCH- TE officially hires EFG Hermes and Citibank to advise on acquisition options: Telecom Egypt’s board of directors approved…
Speed Medical signs acquisition agreement with Safwa labs in Egypt’s Ismaila
M&A WATCH- Speed Medical signs management + acquisition agreement with Ismailia’s Safwa labs: Speed Medical has signed an agreement to…
Amended VAT Act to remove baked snacks from list of VAT-exempt goods in Egypt
LEGISLATION WATCH- Amended VAT Act to remove baked snacks, shower gel from list of VAT-exempt goods: The committee drawing up…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
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