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OIH reports EGP 49.9 mn loss in 2Q2020
EARNINGS WATCH- Orascom Investment Holding (OIH) reported a EGP 49.9 mn loss in 2Q2020 after making a EGP 74.6 mn…
US VC firm Openner to launch accelerator in Egypt
STARTUP WATCH- US VC firm Openner to launch accelerator in Egypt: Washington, DC-based venture capital outfit Openner will establish an…
Profits at top 5 real estate firms fall 31% in 2Q2020
Egypt’s five largest listed real estate companies reported a combined drop in profits of around 31% in 2Q2020 as a…
Ezdehar Egypt Mid-Cap Fund acquires minority stake in Al Tayseer Healthcare Group
M&A WATCH- Ezdehar Egypt Mid-Cap Fund has acquired a minority stake in AlTayseer Healthcare Group, according to an Ezdehar statement…
Is Telecom Egypt serious about a Vodafone Egypt takeover?
M&A WATCH- Is Telecom Egypt serious about a Vodafone Egypt takeover? Telecom Egypt (TE) could be about to thwart Saudi…
GAFI approves new projects in IDG’s e2 industrial park in Alamein
INVESTMENT WATCH- GAFI approves new projects in IDG’s e2 industrial park in Alamein worth EGP 600 mn: The General Authority…
OIH eyeing investment partnership with the Sovereign Fund of Egypt
OIH eyes investment partnership with the Sovereign Fund of Egypt: Orascom Investment Holding — post-horizontal demerger — is considering making…
STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement
M&A WATCH- STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement: Saudi Telecom Company (STC) has…
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