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Israel gas shipments could be delayed by another two months
Israeli gas shipments pushed again? Natural gas will begin flowing into Egypt this quarter, beginning with amounts of between 1.5-3…
Debt servicing seen as significant headwind for Egypt’s recovery -Moody’s
Egypt’s debt service burden could be a significant headwind to our economic growth -Moody’s: The country’s economic growth agenda could…
Dragon Oil completes acquisition of BP Gulf of Suez assets
M&A WATCH- Dragon Oil completes USD 500 mn acquisition of BP’s Gulf of Suez assets: Emirates National Oil Company (ENOC)…
Al Taisier Medical Holding Group plans EGP 700 mn expansion drive
INVESTMENT WATCH- Al Taisier Medical Holding Group plans EGP 700 mn expansion drive, which include a majority acquisition of an…
Beltone to offload majority stake in Auerbach Grayson amid losses
M&A WATCH- Beltone to offload majority stake in Auerbach Grayson brokerage amid losses: Beltone Financial intends to sell its 60%…
Bank Audi denies media reports that it is planning Egypt exit
M&A WATCH- Bank Audi yesterday denied media reports that it is planning to exit Egypt as it continues to grapple…
Prime Holding approves board reshuffle
MOVES- Prime Holding approves board reshuffle: The general assembly of Prime Holding has approved changes to the formation of the…
Maridive reports consolidated loss of USD 22.2 mn for 9M2019
EARNINGS WATCH- Maridive & Oil Services reported a consolidated net loss of USD 22.2 mn in 9M2019, compared to a…
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