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Uber and subsidies keep talking heads busy on a quiet night
Uber’s acquisition of regional rival Careem was (unsurprisingly) all over the airwaves last night. Our friend Khaled Ismail, chairman of…
Pioneers Holding seeking to exit some of its subsidiaries, increase stake in others
Pioneers Holding is looking at a partial or complete exit from some of its 60 units, and plans to increase…
State-owned company, affiliates plan to purchase USD 10 mn Marsa Alam resort
State-owned Holding Company For Tourism and two of its subsidiaries are planning to purchase the privately-owned Carnelia Beach Resort in…
GTH kicks to 26 June general assembly meeting to vote for EGP 11.2 bn capital increase
Emerging markets telecom operator Global Telecom Holding (GTH) has postponed to 26 June its general assembly meeting to vote for…
Bank Audi to make bid for NBG’s Egypt arm within a week
M&A WATCH- Bank Audi to make bid for NBG’s Egypt arm within a week: Bank Audi has completed due diligence…
CBE gives Banque du Caire nod to buy out Cairo International Bank
M&A WATCH- CBE gives Banque du Caire the nod to buy out Cairo International Bank: The Central Bank of Egypt…
Cleopatra completes acquisition of El Katib, moves ahead with Queens
M&A WATCH- Cleopatra completes acquisition of El Katib, adds 100 beds: Cleopatra Hospitals Group (CHG) has completed its acquisition of…
What we’re tracking on 18 March 2019
It’s another quiet news day here at home — not that there’s anything wrong with that, as a brilliant show…
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