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Pioneers Holding is now Aspire
Pioneers Holding is now Aspire Capital Holding: The EGX Listing Committee approved yesterday Pioneer Holding’s rebranding to Aspire Capital Holding,…
THIS MORNING: New real estate industry regs in the works? Plus: IMF’s Kristina Georgieva gets a reprieve.
Good morning, wonderful people, and welcome to hump day. We had crazy thunder and lightning overnight, accompanied by light rain.…
EFG Hermes, SFE get cabinet signoff on Arab Investment Bank acquisition
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt have received cabinet approval for their acquisition of a 76%…
EFG Hermes’ Vortex invests EUR 625 mn in Spanish solar developer
EFG Hermes’ energy investment platform Vortex Energy will invest EUR 625 mn in Spanish solar developer Ignis Energia in return…
EFG Hermes eyes minority stake in Spanish Ignis Energia
EFG Hermes is in talks to acquire a significant minority stake in Spanish renewable energy company Ignis Energia in a…
Stock sell-off accelerates as inflation, rising yields + US debt talks weigh on sentiment
Bears are throwing a stagflation tea party after yesterday’s marketheadlines, as the rise in US bond yields heralded yet further…
SPACs are losing their appeal + Women are burnt out more than men
With a significant rise in investor redemptions, SPACs are losing their appeal, according to the Financial Times. Listed SPACs are…
Dubai’s Amanat to invest EGP 4.3 bn in Egypt, Saudi Arabia + UAE
Amanat is on the lookout for Egyptian education, healthcare firms: Dubai-listed education and healthcare investment firm Amanat could invest around…
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