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Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Lighthouse to acquire two schools in Cairo this year
Lighthouse to buy two schools this year: State-backed education investment platform Lighthouse Education is looking to put the entirety of…
Levari acquires Kassim in rare legal merger
Cairo-based law firm Levari is acquiring Jordan-based M&A-focused law firm Kassim Legal, in a merger that sees Levari expand its…
THIS EVENING: Lighthouse to buy two schools in 2022 + SC Authority sets up EGP 2 bn fund + ALSO: OPEC+ green lights production hike
Happy almost-Thursday, ladies and gentlemen. It’s another busy afternoon as we rush towards the end of the workweek, so let’s…
Local pharma player Nerhadou attracts private equity interest
Nerhadou may have new minority shareholders: Emerging-market private equity firms Affirma Capital and StonePine have agreed to invest USD 20…
THIS EVENING: East Port Said to get USD 3 bn green hydrogen hub + Affirma Capital and StonePine buy stake in Egyptian pharma player
Good afternoon, wonderful people. It’s not quite a news dump day — as hump days tend to be — but…
ADIB Egypt to sell majority stake in subsidiary Cairo National Securities
Abu Dhabi Islamic Bank Egypt’s board has agreed to sell a 50.9% stake in subsidiary Cairo National Securities, according to…
Catalyst acquires 25% stake in ins. brokerage, OIH exists Pakistani subsidiary
Investment firm Catalyst Partners has acquired a 25% stake in Public Partners Ins. Brokerage (PPIB) as part of its plans…
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