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US VC outfit invests USD 200k in Egyptian online food delivery platform Mumm
INVESTMENT WATCH- Silicon Valley-based VC fund 500 Startups invested USD 200k in Egyptian online food delivery platform Mumm, Al Mal…
Speed Round
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EFSA exempts NIB from MTO of 40.06% stake in Nilesat
Count this more as “consolidation of state assets” than “M&A”- The Egyptian Financial Supervisory Authority exempted the government’s National Investment…
Saudi Egyptian Industrial Investment Company to acquire food manufacturer
M&A WATCH- The Saudi Egyptian Industrial Investment Company (SEIC) is looking to acquire an unnamed, privately-held food manufacturer, CEO Ahmed…
ADM enters the fray to buy NCMP
M&A WATCH- Swiss firm Archer Daniels Midland (ADM) will bid for another food company in Egypt after the winner of…
EAEF looks to buy Orchidia Pharma
M&A WATCH- Our friends at the Egyptian American Enterprise Fund (EAEF) are reportedly planning to invest in Orchidia Pharma, sources…
Ryanair submits bid for Alitalia
Ryanair became the latest airline to bid for failing Alitalia on Monday, says a piece in the Financial Times. Ryanair’s…
Cairo has the second largest number of HNWIs in Africa, Alexandria 13th
Cairo has the second largest number of HNWIs in Africa, Alexandria ranks 13th: Wondering where the rich live in Africa?…
Earnings watch: Orange Egypt’s losses grow, Vodafone Egypt revenue snapshot
EARNINGS WATCH- Orange Egypt reported an increase in net loss after tax to EGP 1.10 bn in 1H2017 from EGP…
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