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valU acquires an undisclosed minority stake in payments app Kiwe
EFG Hermes’ BNPL platform, valU, has acquired an undisclosed minority stake in fintech Kiwe, Kiwe CEO Fatma Ibrahim confirmed to…
Qatar could soon invest up to USD 2.5 bn in state-held firms
Qatar could invest as much as USD 2.5 bn in state-held firms: Qatar’s sovereign wealth fund is in advanced talks…
THIS EVENING: Qatar’s SWF snapping up USD 2.5 bn-worth of state-owned company stakes + MaxAB closes USD 40 mn pre-series B
Happy almost-THURSDAY, wonderful people. The weekend is (just) within reach, but the news cycle isn’t dying down just yet. THE…
The bidding war for Pachin is cooling off + EEP will get 56% of Selah El Telmeez
This morning brings updates on two M&A stories we’ve been tracking: Saybad’s bid for Pachin, which looks to be dead…
EEP acquiring majority stake in Selah El Telmeez
Student lifeline Selah El Telmeez is going to have a new majority owner: EFG Hermes and the Sovereign Fund of…
THIS MORNING: Globe in polycrisis, but our sporting stars are doing great
Good morning, folks. It’s apparently only Monday. But on the bright side, we’ve a fair bit of good news to…
THIS EVENING: EEP is acquiring a majority stake in Selah El Telmeez + One Finance launches consumer finance services. Plus: Xi addresses Communist Party Congress
Good afternoon, wonderful people. We’re hitting the ground running at the start of the week as we jump straight into…
Sidpec wants 100% of Ethydco
Sidpec wants Ethydco: EGX-listed Sidi Kerir Petrochemicals (Sidpec) wants to fully acquire subsidiary Egyptian Ethylene and Derivatives Company (Ethydco) through…
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