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Beltone awaits US regulatory approval for Auerbach Grayson sale, to launch consumer finance arm within ‘weeks’
M&A WATCH- Beltone Financial is waiting on US regulatory approval to complete the sale of its 60% stake in New…
Cleopatra Group negotiating 60% stake in Bedaya Hospital
M&A WATCH- Cleopatra eyes majority stake in fertility-specialist Bedaya Hospital: Cleopatra Hospital Group is in late-stage negotiations to buy a…
PE giant Actis to make new renewables acquisition this year
PE giant Actis to make new renewables acquisition this year, likes fintech, healthcare: Leading emerging-market private equity firm Actis expects…
Fitch affirms Egypt’s long-term FX issuer rating at B+; outlook stable
Fitch Ratings affirmed yesterday Egypt’s long-term foreign-currency issuer default rating at ‘B+’ with a ‘stable’ outlook. The ratings agency said…
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
Rising remittances curb current account deficit in 3Q2019-2020
Rising remittances curb current account deficit in 3Q2019-2020: A rise in foreign remittances helped Egypt’s current account shrug off the…
Earnings watch: Vodafone Group reports 15% growth in Egypt revenue
EARNINGS WATCH- Vodafone Group reported a 15.3% y-o-y growth in service revenues from Egypt, according to its earnings statement (pdf).…
Complaints against civil servants can now be submitted online
BRIEFLY NOTED- Complaints against civil servants can now be submitted online, head of theAdministrative Prosecution Authority Essam El Minshawi said.…
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