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FEDCOC to submit “comprehensive” proposal to Egypt’s parliament on taxing EGX trades
Securities division at FEDCOC to present ‘comprehensive’ proposal for EGX taxes to house in month and a half: The securities…
Banque du Caire IPO could go ahead in mid-April
PRIVATIZATION WATCH- State-owned Banque du Caire (BdC) shares could start trading on the EGX by the middle of April, the…
HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020
M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn…
Raya may approve a bid for 31% stake in its transport arm
M&A WATCH- Raya may approve bid for 31% stake in its transport arm: Raya Holding is likely to approve the…
The Egyptian Competition Authority’s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers -ECES
M&A WATCH- Competition watchdog’s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers: The Egyptian Competition Authority…
Egyptian Competition Authority is studying whether TE could invoke right of first refusal to a 55% stake in Vodafone Egypt without breaking monopoly law
M&A WATCH- Competition watchdog probing whether TE would break monopoly law by invoking its right of first refusal on Vodafone…
Shell Egypt is still accepting offers on its Western Sahara concessions
M&A WATCH- Shell Egypt has not yet closed the door to offers for its Western Sahara assets, which the company…
Dana Gas to make decision on Egypt asset sale by end of March
M&A WATCH- Dana Gas to make decision on Egypt asset sale by end of March: Dana Gas received “numerous” bids…
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