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EFG-led Rx Healthcare confirms closing Egyptian meds producer United Pharma acquisition
M&A WATCH- Rx Healthcare confirms closing United Pharma acquisition: EFG Hermes’ Rx Healthcare Fund has confirmed media reportst that it…
Education Ministry moves to soften blow of school foreign ownership cap
Education Ministry moves to soften blow of school foreign ownership cap: The Education Ministry has set up a committee that…
Egypt’s Tharaa to tap financial advisor for combined cycle plant stake sale next week
Tharaa to tap financial advisor for combined cycle plant stake sale next week: Egyptian sovereign wealth fund Tharaa is set…
Investors will appreciate policy stability from Amer staying on as CBE governor, Bloomberg says
Investors will welcome Amer getting a second term as CBE governor as it signals policy stability, Bloomberg says: Tarek Amer…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
Rameda prices its IPO at EGP 4.66 per share
IPO WATCH- Rameda has priced its IPO at EGP 4.66 per share: Rameda Pharma has announced (pdf) that it will…
Pet care startup Vetwork in six-figure USD seed round
STARTUP WATCH- Pet care startup Vetwork in six-figure USD seed round: Cairo-based pet care startup Vetwork has raised six-figures of…
Egyptian Financial Regulatory Authority issues new regs allowing greater participation in investment funds
REGULATION WATCH- FRA issues new regs that sound like a chaperone agreement for investment funds: The Financial Regulatory Authority (FRA)…
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