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Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
M&A WATCH
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Egyptian Saudi Insurance House acquires 6.5% stake in Dice
M&A WATCH - The Egyptian Saudi Insurance House (ESIH) acquired a 6.5% stake in clothing manufacturer Dice for EGP 49.8…
Egypt Kuwait Holding doubles stake in Mohandes Insurance
M&A WATCH- Egypt Kuwait Holding (EKH) more than doubled its stake in Mohandes Insurance to 20.4% in a EGP 109.7…
Raya close to offloading recycling subsidiary BariQ
M&A WATCH- Raya Holding looks poised to sell the entirety of its recycling subsidiary BariQ to an unnamed foriegn investor…
Ibnsina Pharma acquires 75% stake in Egyptian digital pharmacy app 3elagi
M&A WATCH- Ibnsina Pharma has acquired a 75% stake in digital pharmacy platform and app 3elagi, according to an EGX…
Estadat Holding denies purchase of Egyptian football club
M&A WATCH- State-owned sports management company Estadat Holding hasdenied news it has purchased an Egyptian football club, without naming the…
Sameem Financial quits Prime Holding board after offloading stake
Activist investor Sameem Financial has resigned from the board of directors of Prime Holding, a company in which Sameem previously…
Misr Clearing offloads 70% stake in Makkasa Sport to Estadat
M&A WATCH- MCDR offloads 70% stake in Makkasa Sport to gov’t-owned Estadat: Misr for Central Clearing and Depository (MCDR) has…
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