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El Said calls on Qataris to invest + ADQ said to be mounting rival bid to QIA’s Vodafone Egypt acquisition
Qataris called for the creation of a fund with SFE to channel investments into target sectors
AAIB could exit Palm Hills in stake sale to Emirati investor
Emirati investment company Al Ain Holding could snag AAIB’s stake in EGX-listed Palm Hills Developments.
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
IDH ends its pursuit of Pakistani diagnostics firm IDC
IDH pulls the plug on acquisition of a major stake in IDC: Integrated Diagnostics Holdings (IDH) has walked away from…
THIS EVENING: IDH calls time of death on IDC acquisition + Eurozone did better than expected in 2022
Good afternoon, wonderful people, and a very happy hump day to you all. We have another brisk news day here…
Investment banks eye terminal operator IPOs — and Qatar’s SWF is looking for a strategic stake
A unit of Qatar’s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle…
CIB and Kenya’s Mayfair Bank are now one
CIB now owns all of Kenya’s Mayfair: EGX mainstay CIB will acquire 49% of Mayfair CIB for USD 40 mn,…
THIS EVENING: CIB gets central banks’ blessing to complete Mayfair acquisition + Take our 2022 Enterprise Reader Survey
Good afternoon, wonderful people. We’re now in the throes of that dreaded two-month stretch without any holidays or long weekends…
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