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Dice founders up their offer to buy back shares
The consortium raised the price to EGP 0.8 per share from EGP 0.65
Saudi health firm eyeing minority stake in UCP?
The Saudi conglomerate is seeking 30% stake for USD 35 mn
THIS EVENING: Saudi’s Tamer Group wants to snap up 30% stake in UCP
Good afternoon, ladies and gentlemen, and happy almost-THURSDAY. The business news cycle is picking up steam as we race towards…
Pico and Kufpec want to invest USD 119.5 mn in Gulf of Suez exploration. PLUS: Equinox ups stake in Rameda, UAE embassy move, power generator plant
The two companies also requested 20-year licenses for the concession
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
Dice founders’ re-acquisition bid is official
The buyers wants to expand Dice’s market reach by introducing new products and stepping into new markets
Alfa eyes stakes in three Cairo hospitals. PLUS: Gold news from Aton and Naguib
In 2021, Alfa announced a EGP 5 bn Egypt investment plan to wrap up in 2026
Dice founders want to buy back a big chunk of the company
Dice’s founders are bidding to acquire 47% of its shares, a transaction that would give them control of almost 80%…
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