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What the markets are doing on 2 March, 2023
Ibnsina Pharma’s net income dropped 45.2% y-o-y to EGP 172.6 mn in 2022, according to the company’s earnings release (pdf).…
Adnoc ups gas unit IPO on heavy investor demand
Abu Dhabi IPO WATCH: Adnoc’s natural gas arm will now offer close to a 5% stake in its IPO in…
Ibnsina to invest EGP 200 this year. Plus: Kima, e-finance, Aman, Luberef
INVESTMENT- Ibnsina Pharma to invest up to EGP 200 mn in 2023: EGX-listed pharma player Ibnsina Pharma plans to invest…
Egypt, UAE, Jordan and Bahrain to establish 9 industrial projects under regional partnership
Egypt, UAE, Jordan + Bahrain sign agreements for USD 2 bn worth of industrial projects: Egypt, the UAE, Jordan and…
Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations
Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations
Sovereign Fund of Egypt reportedly eyeing a minority stake in El Ezaby
In partnership with an unnamed investment firm
State pharma firms could offer minority stakes within six months
Two state-owned pharma firms to sell minority stakes within six months? The government wants to sell sizable minority stakes in…
USD 1 bn for expansion at CIB, the wind-down of CVentures, and pharma goods stuck in port?
BANKING- CIB could raise USD 1 bn for expansion: CIB is seeking regulatory approval to issue financial instruments worth up…
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