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Dubai toll operator Salik’s IPO is already covered after day one of subscription period
Dubai toll operator IPO covered within hours: Investors booked all 1.5 bn shares in Dubai’s state-owned road toll operator Salik…
THIS MORNING: El Sisi is in Qatar today
Happy hump day, wonderful people. We have a nice, brisk issue for you today packed with plenty of investment news.…
The Public Investment what?
AMOC responds to PIF rumors: Alexandria Mineral Oil Company (AMOC) has not received any information on the Saudi sovereign wealth…
CIB acquires stakes in Elsewedy subsidiaries
Egypt’s largest private sector bank CIB has acquired a 15% stake in El Sewedy Engineering Industries (SEI) through a capital…
Credit Agricole acquires a 4.8% stake in Credit Agricole Egypt
Crédit Agricole Group acquired a 4.8% stake in Crédit Agricole Egypt on Thursday, it said in a disclosure (pdf) to…
Expedition Investments ups by 10% what it’s willing to pay for Domty
Domty shareholders will get a little more for selling to Expedition Investments: The Expedition Investments-led consortium bidding to acquire 34%…
THIS EVENING: Inflation accelerates in August + Expedition presents a new offer for Domty
Good afternoon, ladies and gentlemen. We’re just hours away from a very well-deserved weekend after a mad rush of a…
Gulf wealth funds look set to buy into Egyptalum
Gulf sovereign funds look set to invest USD 200 mn in Egyptalum’s overhaul: EGX-listed Egypt Aluminum (Egyptalum) will fund two-thirds…
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