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The market on 5 May 2021
The EGX30 rose 0.5% at today’s close on turnover of EGP 896 mn (29.1% below the 90-day average). Foreign investors…
TONIGHT: New covid restrictions; Egypt to receive 4.9 mn vaccines this month; Trump-mania is back; Is Arsenal getting a new owner?
BREAKING- Madbouly announces semi-lockdown measures ahead of a five-day Eid break: Prime Minister Moustafa Madbouly just announced that all stores,…
Nile Misr Healthcare eyes six potential acquisitions
Nile Misr Healthcare is currently doing due diligence on six potential investment targets, CEO Tarek Moharram told the local press.…
Venture capital vs private equity
Enterprise Explains: Venture capital vs private equity investments. At their core, venture capital and private equity have the same mandate…
Rx Healthcare to acquire 80% of dental anesthesia producer
EFG Hermes’ Rx Healthcare Management is in the final stages of acquiring 80% of a local dental anesthesia producer in…
Earnings Watch: B Investments, GlaxoSmithKline
The EGX30 fell 1.6% at today’s close on turnover of EGP 1.21 bn (16.4% below the 90-day average). Foreign investors…
How Actis is doubling down on investment in physical infrastructure
Actis is doubling down on investment in physical infrastructure: It’s music to our ears when a major global investor such…
Ebtikar now holds 80% of Bee + Rx Healthcare has a EGP 1 bn M&A pipeline
Ebtikar now holds 80% of Bee after acquiring an additional 20% stake in the company held by software services company…
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