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Sawiris eyes 51% stake in state-owned Shalateen mining company
M&A WATCH- Sawiris eyes majority stake in state-owned Shalateen: Naguib Sawiris is in talks with the government to buy a…
Telecom Egypt taps EFG Hermes, Citibank, Al Tamimi to advise on acquisition options
M&A WATCH- TE officially hires EFG Hermes and Citibank to advise on acquisition options: Telecom Egypt’s board of directors approved…
Speed Medical signs acquisition agreement with Safwa labs in Egypt’s Ismaila
M&A WATCH- Speed Medical signs management + acquisition agreement with Ismailia’s Safwa labs: Speed Medical has signed an agreement to…
Amended VAT Act to remove baked snacks from list of VAT-exempt goods in Egypt
LEGISLATION WATCH- Amended VAT Act to remove baked snacks, shower gel from list of VAT-exempt goods: The committee drawing up…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
STC may find a way to bypass MTO for TE’s share in Vodafone Egypt
M&A WATCH- Could STC find a way out of having to make a bid for 100% of Vodafone Egypt? The…
Last night’s talk shows for Monday, 17 February 2020
The slow news day seeped into the airwaves, giving the talking heads little to chew on last night. Among the…
Raya approves selling 31% stake in its transport arm
M&A WATCH- Raya approves sale of 31% stake in its transport arm: Raya Holding board of directors has agreed to…
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