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IMEX to submit offer to acquire 100% of Nile Cotton Ginning
M&A WATCH- IMEX to submit offer to acquire 100% of Nile Cotton Ginning: IMEXInternational has submitted an offer to purchase…
Bloomberg wonders whether Fawry shares are overvalued
Bloomberg wonders whether Fawry shares are overvalued, asking whether there’s still gas in the tank after a 300% appreciation that…
Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt
M&A WATCH- Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt: Bahrain’s Arab Banking Corporation (Bank ABC) has…
NBE, BdC arrange EGP 3 bn to EgyptAir
The National Bank of Egypt (NBE) will provide EGP 1.8 bn of a 10-year, EGP 3 bn loan to EgyptAir…
CIB teams up with Delta Payments to facilitate app-based electricity bill payments
CIB has signed an agreement with Delta Payments company to enable its smart wallet customers to charge prepaid electricity meters…
Premium Card closes EGP 182 mn securitized bond issuance
DEBT WATCH- Premium Card closes EGP 182 mn securitized bond issuance: Premium Card has closed the third issuance of its…
United Bank sale on ice until covid has passed
M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to…
STC looks to reduce USD 2.4 bn offer for Vodafone Egypt
M&A WATCH- Is STC about to make a new, lower offer for Vodafone Egypt? Saudi Telecom (STC) is in talks…
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