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FRA grants SODIC grace period to submit MTO for MNHD acquisition
M&A WATCH- FRA grants SODIC 60-day grace period to submit MTO for MNHD acquisition: The Financial Regulatory Authority (FRA) has…
CI Capital plans to launch mortgage financing unit by early 2Q2019
CI Capital plans to launch mortgage financing arm by early 2Q2019: CI Capital has submitted a request to the Financial…
CIRA’s private university in west Assiut to cost EGP 2.45 bn
Cairo Investment and Real Estate Development’s (CIRA) planned private university in west Assiut is expected to cost a total of…
ODH enters agreement with Chairman Samih Sawiris for stake purchase in ASA
Orascom Development Holding (ODH) has entered an agreement to purchase an additional 1% and one share of Andermatt Swiss Alps…
Egypt fastest growing startup market in MENA which raised USD 893 mn in 2018
Is Egypt the fastest growing startup market in MENA? Egypt is the fastest growing startup ecosystem and the second largest…
MSA considers IPO to finance expansion to New Alamein
IPO WATCH- MSA University mulling IPO: October University for Modern Sciences and Art (MSA) is considering listing its shares on…
NACCUD to hire foreign companies to manage new capital services
The New Administrative Capital Company for Urban Development (NACCUD) is expected to sign soon contracts with Dutch, Chinese, and French…
Death of Egyptian policeman tops foreign coverage
Attempted church bombing, house of worship inauguration tops coverage: Topping coverage of Egypt is the death of a policeman who…
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