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Sawiris family exits struggling Euronews
The Sawiris family is selling its majority stake in Euronews to investment firm Alpac Capital, the loss-making broadcaster said in…
Global Ventures closing in on USD 100 mn close for its new fund
Dubai-based VC Global Ventures is nearing a USD 100 mn target for its new fund, after attracting liquidity from Abu…
MNHD GA completes fair value study of Minka
MNHD approves EGP 232 mn valuation of Minka ahead of acquisition: Madinet Nasr Housing and Development’s (MNHD) general assembly has…
What Capiter’s cofounder Mahmoud Nouh learned from co-founding Swvl
What Capiter’s co-founder Mahmoud Nouh learned from co-founding Swvl: B2B e-commerce marketplace Capiter recently made headlines for raising USD 33…
Now make it official
The Aldar / ADQ consortium and SODIC are now hitched: The Emirati consortium of real estate giant Aldar Properties and…
EGX sets timeline for CI Capital’s bid on Cleopatra shares
Subscription for CI Capital’s bid for a chunk of Cleopatra Hospitals kicks off today: Cleopatra Hospital Group shareholders have until…
Ezz Steel to acquire Abou Hashima’s stake in Egyptian Steel
Ezz Steel is moving forward with its bid to acquire Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday…
TONIGHT: Ezz Steel wants to buy Abou Hashima’s remaining stake in Egyptian Steel + CHG tender offer opens tomorrow + Shoukry in Riyadh + Bennett in Abu Dhabi.
Good afternoon, friends, and bravo on finishing the first day of what looks set to be a busy week as…
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