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SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
valU eyes regional expansion, M&A could be in the cards here in Egypt
EFG Hermes’ consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next…
A final offer?
The Emirati consortium bidding to acquire upmarket developer SODIC will not up its bid again if shareholders reject the price…
TONIGHT: Happy Thanksgiving, y’all. Fresh energy projects for the private sector from EMGF? Plus: valU eyes cross-border expansion.
Mabrouk, friends — we’ve made it through the workweek. We can’t believe it’s already Thanksgiving today, which means we’re starting…
TONIGHT: Booster jabs coming for high-risk individuals here at home + OC joins Ain Sokhna green hydrogen project + markets shrug at Biden’s oil dump
It’s an unexpectedly brisk news day, considering it’s been a generally calm week so far. We’re certainly not complaining —…
TRY takes a huge L after Erdogan puts foot in mouth
TRY takes a huge L after Erdogan puts foot in mouth: The Turkish currency is plummeting after the country’s president-cum-grade…
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