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Your top 5 pieces of business and economic news in August
Your top 5 pieces of business and economic news in August: Egypt’s non-oil private sector contracted at its slowest pace…
Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
Bank ABC asks central bank to start due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC asks CBE for green light to start due diligence on Blom Bank: Bahrain’s Arab Banking Corporation…
IMEX International acquisition over Nile Cotton Ginning stumbles
M&A WATCH- Is IMEX International’s acquisition of Nile Cotton Ginning stumbling? Energy trading company IMEX International’s offer to acquire 50%…
Bank ABC enters race to acquire Blom Bank’s Egypt assets
M&A WATCH- The GCC scramble for Lebanese banks continues as Bank ABC enters race for Blom Bank’s Egypt assets: Bahrain’s…
EFG Hermes, GB Capital close acquisition of majority stake in Tokio Marine’s Egypt arm
M&A WATCH- EFG Hermes and GB Capital have closed their acquisition of 75% of Tokio Marine Egypt Family Takaful, the…
IMEX Int’l plans to acquire over 50% of Egypt’s Nile Cotton Ginning
M&A WATCH- Energy trading company IMEX International is planning to acquire at least 50% of Nile Cotton Ginning, according to…
Egypt: Engineering firm Daoud Group to acquire MNHD’s Nasr Utilities
M&A WATCH- Engineering firm Daoud Group to acquire MNHD’s Nasr Utilities: Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud…
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