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State-owned giants eyeing investment banks?
Are state-owned banks making a play for some of the country’s leading investment banks? CI Capital shares soared more than…
Fintech vies with healthcare as Egypt’s hottest sector
E-payments giant Fawry is looking to make up to two acquisitions this year, founder and CEO Ashraf Sabry tells Reuters…
M&A and an IPO in the works for Speed + Savola looking at an Egypt acquisition
Speed Medical closing in on Al Safwa Hospital acquisition, says it will spin-off hospitals arm ahead of IPO: A consortium…
I have the power
The Egyptian Competition Authority (ECA) is waiting on the House of Representatives to sign off on proposed amendments to the…
Rameda throws its hat in the ring for GSK’s Egypt business
Ladies and gentlemen, we have a good, old-fashioned bidding war: Rameda Pharma is the latest to show interest in GlaxoSmithKline's…
A bidding war for GSK’s Egyptian arm?
Acdima may have just touched off a bidding war for GlaxoSmithKline's Egypt business, according to a regulatory filing (pdf) yesterday,…
What the markets are doing on 1 February 2021
Saudi Arabia is trying to rebrand Riyadh as the new Dubai: The kingdom has already attracted 24 multinationals to set…
Mideast M&A activity picked up in 2H2020, Egypt is #2 for outbound transactions
The value of M&A activity in the Middle East nosedived 51% y-o-y to USD 58.7 bn in 2020 as M&A…
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