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What we’re tracking on 25 November 2020
Good morning, friends, and welcome to our last issue of the week. The three big themes of today’s news cycle…
EFG Hermes, SFE to complete due diligence on AIB in February -sources
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank…
Last Night’s Talk Shows on 23 November 2020
On the talk shows last night: You customary covid coverage, the House run-off elections and an awkward question posed about…
Sawiris’ attempts to acquire Shalateen Mining in doubt as talks halted
M&A WATCH- Sawiris’ attempts to acquire Shalateen Mining in doubt as talks stop: Naguib Sawiris’ talks with the government to…
ODH confirms it is looking to sell stake in Orascom Housing Communities
M&A WATCH- Orascom Development Egypt (ODH) is in talks to sell some or all of its stake in Orascom Housing…
MNHD signs final agreement to offload stake in Nasr Utilities
M&A WATCH- MNHD signs final agreement to offload stake in Nasr Utilities: Madinet Nasr for Housing and Development (MNHD) has…
NI Capital acquires Bank Audi’s Arabeya Online brokerage
M&A WATCH- State owned investment bank NI Capital has signed an agreement to acquire Bank Audi’s Arabeya Online brokerage, Planning…
Bank ABC confirms it’s still in for Blom Bank Egypt
M&A WATCH- Bank ABC is pushing forward with Blom Bank Egypt acquisition talks: The Arab Banking Corporation (Bank ABC) has…
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