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Gilead looks to acquire Kite Pharma for USD 11.9 bn
M&A WATCH- US pharma company Gilead reached an agreement to acquire Kite for USD 11.9 bn, according to the Financial…
Speed Round
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Fitch Ratings downgrades Qatar’s credit rating on Monday to AA-
Fitch Ratings downgraded Qatar’s credit rating on Monday by one notch to AA- with a negative outlook, citing the negative…
Germany reaches an agreement with Egypt to slow the flow of illegal migrants
Germany has reached an agreement with Egypt to slow the flow of illegal migrants, according to The Associated Press. “The…
NIB shelves plans to acquire Nilesat stake
M&A WATCH- Government-owned National Investment Bank (NIB) has decided to shelve plans to acquire a 40.06% stake in the Egyptian…
EFG Hermes confirms it advised on TBS, Intro Investments transaction
M&A WATCH- EFG Hermes confirmed it acted as the “sole financial advisor for the shareholders of Native Markets,” which owns…
Saudi Prince Khaled Bin Alwaleed wants to invest in Egypt
INVESTMENT WATCH- Yet another Saudi wants to invest in Egypt. Saudi Prince Khaled Bin Alwaleed Bin Talal Al Saud expressed…
Cleopatra Hospitals files for capital increase to fund hospital acquisition, retire debt
MARKET WATCH- Cleopatra Hospital Group is in the market for a 150-bed hospital. The group filed for a capital increase…
Shuaa Capital seeks regulatory approval to re-enter Egyptian market
Shuaa Capital seeks regulatory approval to re-enter Egyptian market: UAE’S Shuaa Capital is looking to re-enter the Egyptian market and…
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