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Egypt’s Cleopatra Group finalizes El Katib Hospital acquisition
M&A WATCH- Cleopatra finalizes El Katib Hospital acquisition: Cleopatra Hospitals Group (CHG) has finalized its full acquisition of El Katib…
Egypt’s CIB plans to acquire a stake in an unnamed Kenyan bank
M&A WATCH- CIB plans to acquire a stake in a Kenyan bank: CIB’s board of directors agreed in principle to…
INGL, Poseiden sign MoU to move forward on Israel-Europe gas pipeline
Is Israel getting closer to scuppering our energy ambitions? Israel Natural Gas Lines (INGL) signed an MoU yesterday with Greek-Italian…
HSBC trade survey shows 88% of Egypt businesses optimistic about next year
Egyptian businesses optimistic for growth -HSBC survey: Almost nine in 10 (88%) Egyptian businesses polled by HSBC expect to see…
Egypt’s non-oil business activity falls slightly in October, but sentiment is up
Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt’s non-oil private sector remained in contraction…
Naguib Sawiris replaces Tamer El Mahdi as OIH CEO
MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his…
Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results
EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the…
MENA IPOs to pick up next year -E&Y
The MENA region’s IPO activity will also pick up over the next 12 months following a weak third quarter, Ernst…
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