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Two companies express interest in issuing sukuk to FRA
Are we on the cusp of a sukuk issuance spree? Two unnamed companies partially owned by the government have expressed…
AlGioshy Steel plans Egypt IPO in 2020
IPO WATCH- Steel manufacturer AlGioshy Steel is planning to offer up to 25% of its shares in an IPO next…
China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake
M&A WATCH- China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China’s…
Google to expand its Cairo office
INVESTMENT WATCH- Google is planning to start hiring a full team for its Cairo office, the Investment Ministry said in…
Customs dispute with Mercedes-Benz importer cleared
EXCLUSIVE- Dispute between Customs Authority and Mercedes-Benz importer finally settled? An Egyptian importer of Mercedes-Benz vehicles has won an EGP…
NBK Capital Partners quits talks to acquire Abraaj’s global credit fund
M&A WATCH- NBK Capital Partners bows out of “advanced” talks to acquire Abraaj’s global credit fund: National Bank of Kuwait’s…
Egypt beat Zimbabwe 1-0 in the opening match of Afcon 2019
Afcon 2019 got off to a good start for Egypt as the Pharaohs secured a 1-0 victory over Zimbabwe on…
Beltone appoints new executive chairman, managing director
MOVES- Beltone Financial has appointed Maged Shawky (LinkedIn) as executive chairman and Ibrahim Karam as managing director, the company said…
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