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CBE green-lights First Abu Dhabi Bank due diligence on Bank Audi
M&A WATCH- CBE green-lights First Abu Dhabi Bank due diligence on Bank Audi: The Central Bank of Egypt (CBE) has…
Vodafone confirms plans to exit Egypt
M&A WATCH- Those rumors of Vodafone wanting to bail on Egypt have turned out to be true: Vodafone Group is…
What we’re tracking on 29 January 2020
We have big news for you this morning, ladies and gents: Vodafone Group yesterday confirmed earlier reports that it was…
Court fines Raya’s Medhat Khalil more than EGP 110 mn
DISPUTE WATCH- Court hands Medhat Khalil the largest fine in Egyptian capital market history: The Cairo Economic Court yesterday ruled…
FRA extends Titan Group’s MTO deadline for Alexandria Cement another month
M&A WATCH- Market regulator extends Titan Group’s MTO deadline for Alexandria Cement shares by another month: The Financial Regulatory Authority…
Raya received 12 bids for non-controlling stake in Aman Holding
M&A WATCH- A total of 12 domestic and international investors are looking to acquire a minority stake in Raya subsidiary…
Vodafone refuses to comment on STC acquisition talks
M&A WATCH- Vodafone won’t comment on STC acquisition talks: A senior Vodafone official yesterday refused to comment on reports that…
New owners of Alfa Market plan EGP 80 mn in investment in 2H2020
INVESTMENT WATCH- Alfa Market is planning to invest EGP 80 mn in the second half of 2020 to open two…
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