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FRA issues new regs to protect minority shareholders in listed companies
REGULATION WATCH- FRA issues new regs to protect minority shareholders in listed companies: The Financial Regulatory Authority's (FRA) board of…
Speed Round
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Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020
INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according…
EBRD invests USD 60 mn in Egypt’s Infinity Energy
INVESTMENT WATCH- EBRD invests USD 60 mn in Egypt’s Infinity Energy: The European Bank for Reconstruction and Development (EBRD) has…
Rameda Pharma plans expansion to 10 new Gulf and African markets
Rameda Pharma is planning to expand sales to 10 new Gulf and African markets in the medium term as part…
Cairo 3A acquires 50% stake in Pyramid Poultry
M&A WATCH- Cairo 3A acquires 50% of Pyramid Poultry: Cairo 3A has acquired a 50% stake in Pyramid Poultry for…
Deadline for HHD 10% stake + management contract bids extended until February
PRIVATIZATION WATCH- Deadline to bid for 10% stake in HHD with management rights extended until February: Heliopolis Housing & Development…
E-Finance to begin IPO procedures in March
IPO WATCH- E-Finance to begin IPO procedures in March: State-owned e-payments platform E-Finance is expected to be ready to begin…
Bank Audi in talks with investors over sale of Egypt unit
M&A WATCH- Bank Audi remains in Egypt — for now: Bank Audi has not officially filed a request to exit…
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