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One of SODIC’s new owners just got a major new shareholder
Giant UAE firm wants to go long on EMs: Emirati firm International Holdings Co. (IHC) plans to invest bns of…
Domty shareholders have four weeks to sell stakes to Expedition
Subscription for Expedition Investment’s bid for a chunk of Domty kicks off today. Shareholders in cheesemaker Domty have until Wednesday,…
THIS MORNING: What will happen at today’s Monetary Policy Committee meeting now that Amer has resigned?
Good morning wonderful people, and welcome to a fantastic Thursday morning dominated by one big story: Who will be the…
Expedition Investments’ bid for Domty gets FRA approval
The Financial Regulatory Authority (FRA) has greenlit Expedition Investments’ bid to acquire a 34% stake in cheesemaker Domty, the regulator…
Auf Group acquires majority stake in local snacks player
Auf Group makes its first acquisition of the ADQ era: Egyptian food outfit Auf Group has acquired a 75.5% stake…
MNHD shareholders reject SODIC’s advance
MNHD shareholders back board, say offer price was too low: Madinet Nasr Housing and Development (MNHD) shareholders meeting in a…
THIS EVENING: Auf Group snaps up 75.5% of Modern International Confectionery + It’s a mixed bag out in the international press
Happy hump day, ladies and gentlemen. It’s a mixed day on the news front today — not too busy here…
Institutional investors aren’t giving up on crypto
Institutional investors are making a comeback in the crypto world: BlackRock, the world’s biggest asset manager, has in recent days…
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