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EFG looks to hire advisers for FAB acquisition bid
EFG Hermes is looking to appoint an international financial advisor and an Egyptian law firm to advise on First Abu…
2021 was big for M&A — and tech, education and healthcare should drive activity this year
M&A in Egypt continued to accelerate in 2H2021 as waning pandemic uncertainties and cheap international borrowing rates fuelled a rebound…
Macro marks EGX debut, says it’s eyeing an acquisition this year
Leading cosmeceutical outfit Macro Group is doing due diligence on an acquisition with an eye to completing the transaction this…
Mystery Egyptian investor looks to acquire Nesma Airlines
An “Egyptian investor” is looking to acquire 100% of Saudi airline Nesma within weeks, CEO Ashraf Lamloum told Enterprise, confirming…
Aldar could target retail + education acquisitions in Egypt
Egyptian retail + education assets could be in Aldar’s crosshairs: Aldar Properties will spend at least AED 5 bn (c.…
First Abu Dhabi Bank makes play for EFG Hermes
First Abu Dhabi Bank wants EFG Hermes: First Abu Dhabi Bank (FAB) has offered to buy a majority stake in…
Egypt Post enters the sports market
Egypt Post’s investment arm, Post for Investment (PFI), has acquired 20% of state-owned sports management company Estadat Holding, Estadat CEO…
Tonight: Egypt go head-to-head with Senegal in Afcon 2021 final; Egypt Post is getting into sports management; Shoukry holds AU climate talks; More volatility ahead in the global markets
This question on everyone's lips this afternoon (whisper it): Is it coming home? The Pharaohs could get their hands on…
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