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Ergo buys 49% stake in studio behind Souad, Paranormal
State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic,…
CBE OKs acquisition of 76% of AIB by EFG and SFE
CBE gives final thumbs up to Arab Investment Bank acquisition: EFG Hermes and the Sovereign Fund of Egypt (SFE) have…
Swvl to invest up to USD 300 mn globally over next three years
Mass transport startup Swvl is planning to invest USD 250-300 mn over the next three years to expand its global…
A family feud brewing?
Speed Medical speedily backs away from Prime Speed acquisition faster than Speedy Gonzales: Speed Medical (SPMD) will not go through…
SPACs get their day in court
SPACs are under legal attack: SPACs are facing several class-action lawsuits in federal courts, the Wall Street Journal reports. There…
Foreign investor launches takeover bid for Galina
An unnamed foreign investor has launched a takeover bid for Galina Holding, submitting a bid for 100% of the company,…
Where Mowasalat Misr fits in Egypt’s mass transit plans
Where Mowasalat Misr fits in Egypt’s mass transit plans: Since its formation, Mowasalat Misr has been a key player in…
TONIGHT: Booster shots for travellers. + Investors can’t resist oil. ALSO: Krispy Kreme express lane.
Good afternoon, ladies and gentlemen, and we hope today’s breezy drive to work continues all week long after the furnace-level…
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