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New owners of Alfa Market plan EGP 80 mn in investment in 2H2020
INVESTMENT WATCH- Alfa Market is planning to invest EGP 80 mn in the second half of 2020 to open two…
Pioneers Holding gets 30-day MTO extension from FRA
M&A WATCH- Pioneers Holding gets 30-day MTO extension from FRA: The Financial Regulatory Authority (FRA) has approved a request by…
Three banks interested in Bank Audi Egypt -sources
M&A WATCH- Three banks interested in Bank Audi Egypt: First Abu Dhabi Bank (FAB), the National Bank of Kuwait, and…
It’s official — gov’t sets up committee handle K-12 schools’ requests for exceptions to 20% foreign ownership limit
It’s official — gov’t sets up committee to study K-12 school applications for exceptions to 20% foreign ownership limit: The…
Pioneers Holding requests 30-day extension to MTO deadline to appoint new financial advisor
M&A WATCH- Pioneers Holding requests 30-day extension for MTO deadline to appoint new financial advisor: Pioneers Holding has submitted a…
Alcazar Energy considers offloading Egypt, Jordan assets in potential USD 500 mn sale
M&A WATCH- Dubai’s Alcazar Energy is considering offloading its Egypt and Jordan assets in a sale that could reel in…
Egypt is prime MENA target for inbound M&A; EFG Hermes tops ECM league table for second year in a row
Egypt is prime MENA target for inbound M&A; EFG Hermes tops ECM league table for second year in a row:…
Cairo 3A acquires 50% stake in Pyramid Poultry
M&A WATCH- Cairo 3A acquires 50% of Pyramid Poultry: Cairo 3A has acquired a 50% stake in Pyramid Poultry for…
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