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Suez Cement to delist from Egypt’s stock exchange
Suez Cement and its subsidiary Tourah Cement are planning to delist their shares on the EGX, after both companies’ board…
Nassef wants a bigger piece of the Knicks + Rangers
Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers: Sawiris’ family office NNS Holding is…
Blom Bank Egypt getting ready for its sale to Bank ABC?
Blom Bank Egypt is getting its ducks in a row ahead of its potential sale to Bahrain’s Bank ABC, amending…
Lorax Capital acquires “significant” minority stake in Dsquares in first investment by its new fund
Lorax Capital Partners has acquired a “significant” minority stake in loyalty services provider Dsquares through its LCP Fund II, the…
The Great Lebanese Bank Sell Off, Act I
The Great Lebanese Bank Sell Off is gaining steam: Gulf banks First Abu Dhabi Bank and Bank ABC are both…
What the markets are doing on 30 November 2020
The EGX30 rose 0.3% yesterday on turnover of EGP 1.2 bn (7% above the 90-day average) as foreign investors were…
GCC wealth funds eye USD 700 mn Amoun Pharma acquisition
Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who…
Zed Sports confirms acquisition of majority stake in FC Masr
M&A WATCH- Sawiris’ sports investment company Zed Sports has acquired a majority stake in FC Masr, CEO Ahmed Diab confirmed…
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