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Saudi wealth fund to acquire 25% of Mopco
Another Gulf wealth fund wants a piece of Mopco: Saudi Arabia’s sovereign wealth fund will acquire a stake in the…
THIS MORNING: Electricity bills to rise 1 January + It’s inflation day at home and abroad
Good morning, everyone, and welcome to a very busy news day at home and abroad. THE BIG STORY HERE AT…
THIS EVENING: Mopco gets interest from PIF + Inflation figures are set to drop tomorrow
Happy hump day, friends. It’s still another rather quiet news day here on the home front, but our drought is…
Money is leaving private equity, venture capital at a record pace
Investors are leaving private equity and VC funds at a record pace this year, as the era of cheap money…
Dalia Khorshid appointed Beltone CEO
Former investment minister and Masar chairwoman Dalia Khorshid (LinkedIn) has been appointed the new managing director and CEO of Beltone…
IFC sells down stake in National Printing Company
The International Finance Corporation (IFC) has offloaded its entire 14% stake in National Printing Company in an EGP 175.9 mn…
Bidding war for Pachin?
Pachin has another potential suitor: EGX-listed Paint and Chemical Industries (Pachin) has received a non-binding offer from Universal Building Materials…
Saudi wealth fund could acquire United Bank this year, appoints advisers on transaction
Saudi Arabia’s sovereign wealth fund could purchase United Bank from the Central Bank of Egypt (CBE) before the end of…
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