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Saudi wealth fund to up its stake in e-Finance
e-Finance is looking to float 900k treasury shares
Chevron to invest USD 3 bn in Egypt’s Nargis gas field
Shell acquired the North East El Amriya block from ExxonMobil in 2022
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
Gulf investors eyeing United Company of Pharmacists acquisition
An unnamed American shareholder is reportedly trying to sell their 50% stake in the company
New capital developer could go public on the EGX next year
ACUD could sell up to 10% of its shares to investors, according to the company’s chairman
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Abu Dhabi’s Chimera launches USD 50 bn alternative investment manager
Chimera Investment to launch one of MENA’s biggest investment management firms: Our friends at Abu Dhabi-based Chimera Investment are launching…
Tourist numbers up 40% in 7M 2023 -Issa. PLUS: Egypt-Hong Kong investment ties, incorporation goes online
Egypt aims to attract 15 mn tourists to the country this year
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