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Gulf investors eyeing United Company of Pharmacists acquisition
An unnamed American shareholder is reportedly trying to sell their 50% stake in the company
Gov’t to sell stake in Alamal Alsharif Plastics -Asharq. PLUS: More Ebank stake sale rumors
The plastics maker is reportedly worth some EGP 7 bn
ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
Military acquires minority stakes in private-sector steel companies
Beshay Steel is one of the largest steel companies in the country
Big updates on potential sales of Telecom Egypt, Vodafone Egypt stakes + Gabal El Zeit windfarms
Potential sales of stakes in two telecom players and a massive wind farm are the latest signs the privatization program…
Beltone Venture Capital acquires 20% of home decor brand Ariika
Ariika will use the EGP 31 mn in fresh capital to expand in Saudi Arabia and increase export volumes
Awlad Ragab to sell EGP 850 mn in assets to pay debts -Asharq
The company has closed doors at dozens of branches this year
Sanlam-Allianz Africa merger gets the greenlight from regulators
The new company will be worth around USD 1.8 bn
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