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FAB could sell payments business, Delek rebrands
Brookfield eyes FAB’s payment business: Canadian asset management giant Brookfield is reportedly in talks to acquire Magnati, First Abu Dhabi…
Last Night’s Talk Shows: EFG Hermes and due diligence on NBFS acquisitions + Ukraine
There was a fair amount of business news on the airwaves last night, triggered by new rules on non-bank acquisitions…
Goldman Sachs to advise EFG on bid by FAB, board okays start of due diligence
Goldman Sachs and law firm White & Case will advise EFG Hermes’ board of directors on a takeover bid by…
TONIGHT: EFG Hermes greenlights FAB due diligence + appoints Goldman to advise; Jordan PM covid positive following business talks in Cairo; Another day, another scandal at Credit Suisse.
We really can’t seem to a catch a break from the barrage of news that 2022 is throwing our way:…
Compass Capital-owned real estate developer Bonyan acquires 6 East Cairo office buildings
Compass Capital-owned real estate developer Bonyan for Development and Trade has acquired six office buildings in East Cairo to expand…
Is Goldman Sachs being tapped to advise EFG on FAB’s acquisition bid? Plus: Old Mutual has competition for Lekela stake.
EFG Hermes plans to pick Goldman Sachs to advise shareholders on First Abu Dhabi Bank’s (FAB) acquisition bid, Bloomberg reported…
You’ve heard of e-commerce. Now we have a c-commerce player in town
UAE-based c-commerce platform Zbooni has launched operations in Egypt, according to a company press release. The company offers tools to…
Spain’s EOSOL to acquire 50% stake in Giza Systems subsidiary GSEC
Spanish engineering firm EOSOL Group will acquire a 50% stake in an engineering and construction subsidiary of B Investments’ Giza…
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