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Saudi regulator approves STC takeover of Giza Systems
Giza Systems is one step closer to being Saudi-owned: Saudi Arabia’s competition watchdog has given the greenlight to Saudi Telecom’s…
THIS MORNING: CBE odds-on to hike rates this Thursday + Kenya has a new president
Good morning, friends, and welcome to a big news morning. There’s plenty of good news today, including the first tentative…
GB Auto shrugs off auto sector headwinds to post 31% bottom line growth
GB Auto net income up 31% in 2Q despite market challenges: GB Auto shrugged off the multiple headwinds facing the…
e-Aswaaq’s online ticketing system for tourist sites is now online
e-Aswaaq has rolled out its online ticketing platform to archeological sites: You can now buy tickets online for 29 tourist…
The bidding war for Pachin is heating up
Saybad ups its offer for Pachin: Saybad Industrial Investment has increased its offer for Paint and Chemical Industries (Pachin) to…
The first half of the year was good for M&A in Egypt
Egypt has been a MENA M&A hotspot so far in 2022: Egypt recorded 65 M&A transactions worth USD 3.2 bn…
The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
Gulf Ins. Group wants to acquire AIG Egypt
Kuwaiti insurer wants AIG Egypt: A unit of Kuwait’s largest ins. group has submitted a takeover bid for AIG Egypt,…
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