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OIH shareholders approve demerger, move to list OFH on Egypt’s bourse
DEMERGER WATCH- Look for Orascom Investment Holding’s focus on financial services to be clearer now that shareholders have approved the…
Hassan Allam, Abdul Latif Jameel water JV acquires Redwood Egypt
M&A WATCH- A joint venture between Hassan Allam Holding and Abdul Latif Jameel has acquired Ridgewood Egypt, which owns some…
Dabaa nuclear power plants could generate 4x returns for Egypt -Rosatom
The Dabaa nuclear power plant is expected to generate returns worth 4x the amount spent on its construction, Alexander Voronkov,…
The Giza pyramids area is getting a makeover – here is how
The Giza pyramids area is getting a major makeover — here’s how: Tourism has for long been a major pillar…
Egypt’s FRA approves HeidelbergCement, Suez Cement MTOs for subsidiaries
M&A WATCH- HeidelbergCement and Suez Cement’s MTOs for the remaining stakes in their subsidiaries got the regulatory greenlight from the…
HCCD kicks off restructuring plans to streamline operations
M&A WATCH- The new, slimmer HCCD: The state-owned Holding Company for Construction and Development (HCCD) is merging 11 of its…
Siemens, Hassan Allam land new capital control center tender
Siemens, Hassan Allam beat State Grid, Huawei in new capital control center tender: A Siemens-Hassan Allam consortium has been awarded…
Who’s in the market for debt? Redcon Construction + MSMEDA
Redcon Construction has signed a EGP 625 mn syndicated loan agreement with the National Bank of Egypt and Qatar National…
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