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Union Capital to launch second SME fund in 2020
INVESTMENT WATCH- Hani Sarie-Eldin’s private equity firm Union Capital is planning to launch its second SME-focused investment fund in 2020,…
Speed Round
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Reacap board approves acquisition of Al Naeem Holding stake in Al Naeem Consulting Services
M&A WATCH- Reacap to acquire Naeem Consulting Services for EGP 47.45 mn: The Reacap Financial Investments board approved on Sunday…
Titan Group bids EGP 6 / share in MTO for 100% of Alexandria Cement
M&A WATCH- Greek cement company Titan Group launched its mandatory tender offer (MTO) for 100% of Alexandria Portland Cement at…
United Oil conditionally raises USD 6.3 mn for Rockhopper Egypt acquisition
M&A WATCH- United Oil conditionally raises USD 6.3 mn to partially fund Rockhopper Egypt acquisition: Irish energy company United Oil…
Peugeot considers assembling cars in Egypt
Peugeot is mulling assembling some of its car models to Egypt and is currently looking at several existing factories it…
Cairo Poultry plans EGP 1 bn expansion drive
Cairo Poultry Company plans to invest EGP 1 bn in the sector over the coming 3-5 years if it finds…
Alameriah Investment Company to invest EGP 15 bn in Egypt’s New Alamein
INVESTMENT WATCH- Alameriah Investment Company is “gearing up” to invest EGP 15 bn in New Alamein City, Chairman Bandar Al…
Egypt’s Export Subsidy Fund to pay 40% of total overdue subsidies before mid 2020
The Export Subsidy Fund plans to disburse 40% of total overdue subsidies before mid-2020, head of the Textile Export Council…
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