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Is PIF looking to snap up a minority stake in Daltex Corporation?
Good afternoon, folks. It’s another hot Monday here at home, with another sluggish news cycle to boot. THE BIG STORY…
The details of Philip Morris’ Eastern Company stake acquisition. PLUS: News from Azza Fahmy, cabinet, INA
Philip Morris snapped up 49% of the UK-registered UK Egypt Investments Holding Limited, the sole owner of Global Investment Holding
Philip Morris snaps up 14.7% stake in Eastern Company
Philip Morris bought the stake from new shareholder Emirati Global Investment Holding
E-Finance snaps stakes in digital payment firms
The transactions will be implemented in the over-the-counter market on the EGX this month
EFG Hermes acquires minority stake in Danish Kenzi Wealth
EFG Hermes signed an MoU with Kenzi to introduce new AI-powered features to its platforms
UAE’s Electra eyes up to 24.5% of Elsewedy Electric
Elsewedy Electric shares jumped 20.0% at the end of trading yesterday following the news
Mumtalakat’s Beyon Solutions to acquire controlling stake in Link Development
The agreement is still subject to regulatory approval in Egypt and Saudi Arabia
Emaar Misr eyes stakes in Albro North Coast, Skytower
Emaar Misr’s shares gained 13.8% during trading yesterday to close at EGP 5.28 following the announcement
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