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FRA says real estate, PE funds it regulates can sink more than 25% of their capital into a single company
REGULATION WATCH- FRA-regulated real estate and PE funds can now sink more than 25% of capital raised into a single…
What we’re tracking on 20 February 2020
It’s interest rate day: As our poll showed this week, analysts are split down the middle about whether the bank…
Egypt’s state privatization program could be out of hibernation in March
PRIVATIZATION WATCH- The government could be resuming the state privatization program as early as next month, Public Enterprises Minister Hisham…
DHL Express to increase investment in Egypt
DHL Express will open six new branches in Egypt this year and increase its aircraft count to four by the…
Saudi HDG signs USD 450 mn agreement with Thrawaat to manage Swiss hotel brand
Egypt’s Thrawaat International Investment Corp has signed a USD 450 mn partnership contract with the Saudi Hospitality Development Group (HDG)…
Egypt’s Banque du Caire net profits jump 60% y-o-y
EARNINGS WATCH- Banque du Caire’s (BdC) net profits jumped 60% y-o-oy to EGP 6 bn in 2019, according to Mubasher.…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
Four candidates will bid for HHD 10% stake + management rights on 23 February
EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills,…
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