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Abu Dhabi’s Chimera Investments to acquire 45% of GB Lease
Chimera to acquire 45% of GB Lease: GB Capital has agreed to sell a 45% stake in GB Lease to…
THIS MORNING: At least two banks have tightened FX limits + Pachin shareholders to discuss takeover offers today.
Good morning and happy hump day, ladies and gents. We have an M&A-heavy issue for you this morning, another indicator…
THIS EVENING: Chimera is acquiring 45% of GB Lease + Twitter users really don’t want Musk to stick around
Good afternoon, friends. It appears we’re still some ways away from that end-of-year news slowdown, even though the number of…
Another export subsidies milestone + Beni Suef dry port tender coming next year
EXPORTS- That’s a wrap: The government disbursed EGP 2.5 bn to 584 exporters last Thursday to wrap the fifth phase…
A year of reckoning for Planet Startup, but we came out stronger
It was an eventful year for StartupLand to say the least: Startups and venture capitalists alike have faced a slew…
Vodacom is officially Vodafone Egypt’s majority shareholder
South Africa’s Vodacom now owns the lion’s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its…
PTS Projects invests in local healthcare network EDAM
Local healthcare company EDAM has new shareholders: PTS Investments Holdings’ Egyptian arm PTS Projects has acquired a minority stake in…
Saudi sovereign wealth fund could finalize United Bank acquisition this year
PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia’s sovereign wealth fund could acquire the state-owned…
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