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Egypt’s Rawaj Finance closes EGP 295 mn securitized bond sale
DEBT WATCH- AIH’s Rawaj closes EGP 295 mn securitized bond sale: ArabiaInvestments Holding (AIH) auto loan-focused subsidiary Rawaj Finance has…
Sodic’s Soreal signs EGP 1 bn facility with CIB to finance its EDNC project
DEBT WATCH- Sodic subsidiary signs EGP 1 bn medium term facility with CIB: Sodic subsidiary Soreal for Real Estate Development…
Regional PE firm AfricInvest set to acquire small stake in Masria Cards
M&A WATCH- Regional PE firm AfricInvest set to acquire small stake in Masria Cards: Private equity firm AfricInvest is reportedly…
FRA extends the deadline of Pioneers Holding to present its MTO to ten days
M&A WATCH- FRA grants Pioneers Holding 10-day extension for MTO: The Financial Regulatory Authority (FRA) has extended by 10 business…
EFG, GEMS JV acquires majority stake in Egypt’s Option Travel
M&A WATCH- EFG, GEMS JV acquires majority stake in Egypt’s Option Travel: GEMS Egypt for Education Services, a joint fund…
Mohamed Farid: Aramco has no direct impact on EGX
Saudi Aramco’s IPO has had no direct impact on the EGX, exchange boss Mohamed Faridsaid at a symposium organized by…
Merged Uber-Careem to operate in Egypt under ECA rules
Uber-Careem merger gets green light from competition authority with a couple of minor caveats: The Egyptian Competition Authority (ECA) has…
Prime Holding removes Rafeeq Fahd El Tarzi as investment banking CEO
MOVES- Prime Holding has removed Rafeeq Fahd Al Tarzi (LinkedIn) from his position as CEO of the investment banking division,…
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