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AAIB could exit Palm Hills in stake sale to Emirati investor
Emirati investment company Al Ain Holding could snag AAIB’s stake in EGX-listed Palm Hills Developments.
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
IDH ends its pursuit of Pakistani diagnostics firm IDC
IDH pulls the plug on acquisition of a major stake in IDC: Integrated Diagnostics Holdings (IDH) has walked away from…
THIS EVENING: IDH calls time of death on IDC acquisition + Eurozone did better than expected in 2022
Good afternoon, wonderful people, and a very happy hump day to you all. We have another brisk news day here…
Investment banks eye terminal operator IPOs — and Qatar’s SWF is looking for a strategic stake
A unit of Qatar’s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle…
CIB and Kenya’s Mayfair Bank are now one
CIB now owns all of Kenya’s Mayfair: EGX mainstay CIB will acquire 49% of Mayfair CIB for USD 40 mn,…
THIS EVENING: CIB gets central banks’ blessing to complete Mayfair acquisition + Take our 2022 Enterprise Reader Survey
Good afternoon, wonderful people. We’re now in the throes of that dreaded two-month stretch without any holidays or long weekends…
Merger with NewMed looks dead after Capricorn directors quit en masse
Capricorn’s board jumps before it’s pushed: The chair, CEO, and three other directors of Capricorn Energy’s board have resigned, caving…
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