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Edita BoD to probe ending contract with Greece’s Chipita
DISPUTE WATCH- Edita to probe ending contract with Greece’s Chipita: Edita Food Industries is probing a dispute over a “manufacturing…
Americana Egypt’s minority shareholders reject Adeptio AD’s buyout offer
DISPUTE WATCH- Americana Egypt’s minority shareholders say nay to Adeptio AD’s buyout offer: Minority shareholders in the Egyptian International Tourism…
Egypt to postpone planned electricity plants amid oversupply, slow growth
Electricity Ministry to postpone planned plants amid oversupply, slow growth: A surplus in electricity production of up to 15k MW…
Egyptian Refining Company, Suez Cement, Arabian Cement sign petroleum coke supply agreements
Qalaa’s ERC signs pet coke supply agreements with Suez Cement, Arabian Cement: Qalaa Holdings’ Egyptian Refining Company (ERC) has inked…
Azimut gets greenlight to acquire Rasmala subsidiary
M&A WATCH- Azimut gets green light to acquire Rasmala subsidiary: The Financial Regulatory Authority (FRA) has approved Italy-based asset manager…
Egyptian e-payments platform Fawry’s private placement more than 6x oversubscribed
IPO WATCH- Fawry private placement more than 6x oversubscribed: The private placement portion of e-payments platform Fawry’s initial public offering,…
Egypt to issue USD 250-500 mn of Asian bonds in FY2019-2020
EXCLUSIVE- The government is planning to issue between USD 250-500 mn of Asian bonds during the current fiscal year, two…
NI Capital appoints Mohamed Metwally as new CEO
MOVES- State investment bank NI Capital has appointed Mohamed Metwally as its new CEO, the bank said in a press…
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