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CIB’s newest (and largest) shareholder isn’t looking to shake up management
CIB management gets vote of confidence from (new) largest shareholder: Alpha Oryx, a subsidiary of Abu Dhabi sovereign wealth fund…
Sri Lankan NBFI acquires 100% of First Microfinance, aims to grow loan book and branch network
Sri Lankan conglomerate LOLC Group has acquired 100% of FirstMicrofinance in a transaction worth EGP 80.2 mn, First Microfinance CEO…
THIS EVENING: We’ve got a ton of holidays coming up + Infinity rolls out seven charging stations for the first time in the Delta
Happy Monday, friends, and welcome to what’s shaping up to be another unusually quiet Ramadan afternoon. IT’S HOLIDAY SEASON- Next…
Brmaja’s Egyptian arm makes a play for Saudi subsidiary of Brmaja Group
Saudi tech firm Brmaja moves to consolidate its presence here: Brmaja IT, an Egyptian subsidiary of Saudi Arabian tech firm…
FAB drops its bid for EFG Hermes. Plus: Incolease, Mondi in transactions.
Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
THIS EVENING: First Abu Dhabi Bank withdraws EFG acquisition bid + Musk wants all of Twitter. Plus: NYC subway shooter arrested.
We made it to the weekend, friends, and we’re being rewarded with yet another big news day to really feel…
Abu Dhabi sovereign fund confirms blockbuster EGX stake buys + Could Abu Auf be next in line for ADX investment?
ADQ speaks on EGX acquisitions: Abu Dhabi wealth fund ADQ has confirmed its acquisition of stakes in five EGX-listed companies…
Investor acquired 7.5% of Sinai Cement in March
Investor acquired 7.5% of Sinai Cement amid Vicat dispute settlement: The settlement of the dispute between Sinai Cement’s parent company…
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