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The bidding war for Pachin is heating up
Saybad ups its offer for Pachin: Saybad Industrial Investment has increased its offer for Paint and Chemical Industries (Pachin) to…
The first half of the year was good for M&A in Egypt
Egypt has been a MENA M&A hotspot so far in 2022: Egypt recorded 65 M&A transactions worth USD 3.2 bn…
The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
Gulf Ins. Group wants to acquire AIG Egypt
Kuwaiti insurer wants AIG Egypt: A unit of Kuwait’s largest ins. group has submitted a takeover bid for AIG Egypt,…
Saudi wealth fund to acquire 25% of Mopco
Another Gulf wealth fund wants a piece of Mopco: Saudi Arabia’s sovereign wealth fund will acquire a stake in the…
THIS MORNING: Electricity bills to rise 1 January + It’s inflation day at home and abroad
Good morning, everyone, and welcome to a very busy news day at home and abroad. THE BIG STORY HERE AT…
THIS EVENING: Mopco gets interest from PIF + Inflation figures are set to drop tomorrow
Happy hump day, friends. It’s still another rather quiet news day here on the home front, but our drought is…
Money is leaving private equity, venture capital at a record pace
Investors are leaving private equity and VC funds at a record pace this year, as the era of cheap money…
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