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Al Ahly Capital acquires El Nada Hospital
M&A WATCH- Al Ahly Capital has reportedly completed its acquisition of 100% of healthcare player Cairo West, which owns El…
M&A WATCH
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First Abu Dhabi Bank resumes talks to acquire Bank Audi Egypt
M&A WATCH- First Abu Dhabi Bank (FAB) has resumed talks with Bank Audi to acquire the Lebanese lender’s Egypt unit,…
Bank ABC to wrap up due diligence on Blom Bank Egypt in mid-November
M&A WATCH- Bahrain’s Arab Banking Corporation (Bank ABC) will wrap up due diligence on Blom Bank Egypt in mid-November, ahead…
Three investors bidding for majority stake in Egypt’s Makkasa Sport
Misr for Central Clearing and Depository (MCDR) is considering three offers for its stake in Makkasa Sport — which owns…
What we’re tracking on 22 October 2020
Good morning, friends, and happy Thursday. The big news of the day from where we sit is Moustafa Madbouly’s warning…
What we’re tracking on 21 October 2020
All anyone is talking about this morning is … the weather. Heck, we know folks who have canceled vacation days…
Ithmaar Bank ups its stake in Faisal Islamic Bank to 14%
M&A WATCH- Bahrain’s Ithmaar Bank has acquired its subsidiary Faisal Investment Bank of Bahrain’s shares in Faisal Islamic Bank of…
AluNile eyes stakes in building materials companies in 2021
M&A WATCH- Ezdehar’s Nile Aluminum and Metals Company (AluNile) is eyeing stakes in other building materials companies and could start…
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