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Raya wraps up agreement to sell BariQ to Intro Group
Raya agrees BariQ sale: Raya Holding has signed an agreement with Intro Group subsidiary Intro Waste Management to sell 100%…
Nile Misr Healthcare eyes six potential acquisitions
Nile Misr Healthcare is currently doing due diligence on six potential investment targets, CEO Tarek Moharram told the local press.…
IPR Wastani taking Dana Gas to arbitration
IPR Wastani seeks arbitration for cancelled sale of Dana Gas’ Egypt assets: IPR Wastani Petroleum is filing for arbitration after…
Orascom Investment to sell Pakistan internet subsidiary
Naguib Sawiris’ OIH to sell stake in Pakistan-based submarine cables business: Orascom Investment Holding’s board of directors has preliminarily approved…
Raya’s BariQ to be sold to Mamdouh Abbas’ Intro this week
Raya Holding will wrap up the sale of 100% of recycling subsidiary BariQ to Mamdouh Abbas’ Intro Group this week,…
SEII’s bid to acquire Al Babtain Egypt stake is over
Saudi Egyptian Industrial Investment won’t be acquiring a stake in Al Babtain’s Egypt unit: A bid by Saudi Egyptian Industrial…
UAE’s Dana Gas walks back on plans to offload Egypt assets
Sale of Dana Gas’ Egyptian assets breaks down: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its…
The market on 22 April 2021
The EGX30 fell 0.4% at today’s close on turnover of EGP 923 mn (29.6% below the 90-day average). Foreign investors…
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