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Taaleem to offer 49% of its shares in EGX debut
Taaleem Management Services is about to break our IPO drought after it announced overnight its intention to make an initial…
Healthcare outfit Alfa lands USD 100 mn investment
UK government development finance arm CDC will invest USD 100 mn in healthcare group Alfa Medical (AMG) alongside healthcare investor…
What the markets are doing on 24 January 2021
It’s earnings week in the US of A with Apple, Microsoft and Tesla all set to make announcements alongside more…
Big ‘W’ for private sector education
SMART POLICY- Education Ministry scraps 20% cap on foreign ownership of schools: International and private schools in Egypt will no…
Also on our radar on 18 January 2021
TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects…
What the markets are doing on 11 January 2021
Emerging market USD-denominated bonds posted their first weekly drop since October, with yields on the 10-year benchmark Treasury note creeping…
Fawry Microfinance to obtain EGP 310 mn loans from EAEF, Banque Misr
Fawry Microfinance greenlights EGP 310 mn debt to fuel expansion: Fawry subsidiary Fawry Microfinance is taking on an EGP 160…
A spate of M&As to end the year
Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in Alexandria Medical in a AED 64 mn (EGP 275…
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