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Pharma platform Grinta acquires competitor Autocure
The acquisition is Grinta’s third since the company launched
Al Ezz Dekheila Steel greenlights share buyback, EGX delisting
The government is offloading its entire stake in Al Ezz Dekheila
Dubai’s Roads & Transport Authority picks banks for IPOs
The regulator wants to take its taxi and parking businesses public
Washington Post asks: Where did all the green go?
Plus: AP talks to Cairenes about food concerns following Russia’s suspension of the Black sea grain pact
Mienta to invest USD 5 mn in new factory in SCZone. PLUS: News from the National Dialogue, Dragon Oil, Heliopolis Housing + BanknBox
The factory will produce small home appliances and start operating in 2024
EFG Hermes tops EGX brokerage league table in July
EFG Hermes captured more than 27% of the market during the month
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
MNT-Halan subsidiary Tasaheel + Talaat Moustafa Group close securitizations
Tasaheel’s issuance is part of a wider EGP 13 bn securitization program
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