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Blom Bank Egypt shareholders agree to sell 99.5% to Bank ABC
Shareholders of Blom Bank Egypt have agreed to sell a 99.5% stake in the bank to Bahrain’s Bank ABC in…
Following its IPO success, Taaleem is in market for an acquisition
Higher education outfit Taaleem could potentially acquire an unnamed local education provider, Managing Director Mohamed El Rashidi reportedly told Al…
Vodafone Egypt wraps up due diligence on Bee, Masary
Vodafone Egypt completes due diligence on Bee + Masary: Vodafone Egypt has wrapped up its due diligence on e-payments platforms…
Hedge funds are coming for unlisted companies + Murdoch buys IHS’ energy info service
PE, watch out: Hedge funds are starting to eye up unlisted companies: Third Point, Marshall Wace, and BlueCrest Capital are…
Zain to invest USD 10 mn in Swvl listing
Kuwaiti telecoms provider Zain will invest USD 10 mn in Swvl’s newly announced merger with US-based SPAC Queen’s Gambit, ahead…
Compass raises Rameda stake to 15.4%
Compass ups stake in Rameda: Rameda Pharma’s largest shareholder Equinox Pharma has raised its stake in the company by 2.7%…
Swvl to go public through merger with US SPAC
Mass transportation startup Swvl could soon go public through a merger with US SPAC Queen’s Gambit Growth Capital, the Wall…
Also on our Radar on 28 July 2021
Tobacco and molasses manufacturing facilities have until the end of this year to legalize their status under a decision (pdf)…
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