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HC Securities’ brokerage arm receives short-seller license
HC Securities’ brokerage arm became the latest investment bank to receive a license approval from the Financial Regulatory Authority to…
Top investment banks competing to manage United Bank sale
M&A WATCH- EFG, Pharos, CI, HC among investment banks facing off to advise on United Bank sale: EFG Hermes, CI…
Ahmed Nabil Abdelmeguid named M&A head at Elsewedy Electric
MOVES- Elsewedy Electric has appointed Ahmed Nabil Abdelmeguid (LinkedIn) as the company’s new head of mergers and acquisitions. Abdelmeguid was…
Opportunities in education and health were the highlights of last week’s M&A conference
M&A WATCH- Among the highlights from last week’s M&A conference, for those of you who were unable to attend: HC…
Thailand’s Indorama acquires 74% of bottle maker Medco Plast in EGP 843 mn transaction
M&A WATCH- Thailand’s Indorama acquires 74% of Medco Plast in EGP 843 mn transaction: Thailand’s Indorama Ventures bought 74% of…
HC launches PE firm in Egypt
HC launches private equity arm: HC Securities & Investment launched on Monday a private equity arm that will invest in…
EFG Hermes tops brokerage league table for October
EFG Hermes topped the EGX’s brokerage league table for October with a market share of 20.4%, according to figures released…
NBE to buy additional 2% of Arab Contractors subsidiary for EGP 1.2 bn
M&A WATCH- NBE to acquire another 2% of Arab Contractors subsidiary? Arab Contractors reportedly sold another 2% of its shares…
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