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TONIGHT: Kids are getting Pfizer shots in Egypt + we have appetite for SPACs already + the Unified Budget Act is on the docket for parliament
It’s another news dump day on hump day, ladies and gentlemen. And if you’re like some of us here and…
The SPACs cometh
SPACs could be landing in Egypt soon, after the Financial Regulatory Authority’s (FRA) board greenlit a proposal to allow the…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Zilla Capital acquires two firms, eyes two more acquisitions
Investment firm Zilla Capital has acquired Naeem Holdings subsidiary Naeem Capital Investment, according to an EGX disclosure (pdf). Naeem Capital…
Bidding war for Alex Medical cooling off?
The bidding war for Alex Medical appears to be cooling down, with Alexandria Medical Investment subsidiary TAT Medical Service being…
TONIGHT: EgyptAir flight to Moscow u-turns + new military chief of staff named + minimum corporate tax plan coming in the US Senate and Sudan updates.
It’s another busy day as we wind down from the last work week of October, ladies and gentlemen. Heading into…
Madinet Nasr to acquire real estate firm Minka, gets new CEO as part of the transaction
Madinet Nasr Housing and Development (MNHD) is looking to acquire real estate firm Minka Development for EGP 200-220 mn, the…
BariQ now officially belongs to Intro Group
Raya Holding has completed the EGP 571 mn sale of 100% of its recycling subsidiary BariQ to Intro Group subsidiary…
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