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Ebtikar-led consortium completes acquisition of ODH’s 87% stake in Tamweel Group
M&A WATCH- Ebtikar-led consortium completes acquisition of ODH’s 87% stake in Tamweel Group: A consortium of funds including B Investments’…
OCI NV, ADNOC create JV combining their Middle East Fertilizers Businesses
M&A WATCH- Tie-up between OCI NV and ADNOC will create the largest fertilizer producer in MENA: Abu Dhabi National Oil…
Should we expect a bigger offering from the BdC IPO?
IPO WATCH- Banque du Caire IPO to be larger than previously expected? The CBE could offer more of Banque du…
Former President Mohamed Morsi dies at 67, prosecutor orders autopsy
Former president Mohamed Morsi is dead after a heart attack in court: Former president Mohamed Morsi, 67, died yesterday after…
BdC net profits triple year-on-year in 1Q2019
EARNINGS WATCH- Banque du Caire (BdC) net profits almost tripled year-on-year to EGP 1.21 bn in 1Q2019, up from EGP…
Intelli Coders launches encrypted email service allowing blockchain crypto payments
Egyptian company launches encrypted email service to allow blockchain crypto payments: Egyptian web firm Intelli Coders is aiming to make…
Egypt’s House budget committee to vote on draft budget on Wednesday
BUDGET WATCH- House budget committee to vote on draft budget this Wednesday: The House’s Budget and Planning Committee is expected…
Egypt FDI falls in 2018 amid global investment drop-off
Foreign direct investment into Egypt fell 8.2% in 2018 amid global investment drop-off: Egypt retained its position as the largest…
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