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Lorax Capital in talks to acquire Ezdehar’s stake in Dsquares
M&A WATCH- Has Ezdehar found a buyer for its stake in Dsquares? Lorax CapitalPartners is reportedly looking to acquire Ezdehar…
Actis eyes Egyptian renewables, infrastructure projects for new Actis 5 fund
PRIVATE EQUITY WATCH- Actis eyes Egyptian renewables, infrastructure projects for new Actis 5 fund: Emerging markets private equity giant Actis…
Vodafone Egypt appoints Mohamed Abdallah as CEO
MOVES- Mohamed Abdallah (Linkedin) has been appointed CEO of Vodafone Egypt effective 1 November, succeeding Alexandre Froment-Curtil, who is now…
New stamp tax on securities will see the government collect up to 0.125% on every transaction
Lower stamp tax on EGX transactions is now in effect: Amendments to the Stamp Tax Act that lower the stamp…
Orange Egypt, Etisalat Misr offered 20-MHz spectrum package
Orange Egypt and Etisalat Misr are competing for another 20 MHz of bandwidth on offer from the National Telecommunications Regulatory…
Nassef Sawiris is getting on the SPAC train
INVESTMENT WATCH- Nassef Sawiris is getting on the SPAC train: Bn’aire Nassef Sawiris’ special purpose acquisition company (SPAC), Avanti Acquisition…
Azimut to open subscription for new Egypt bond fund, AZ-Savings
INVESTMENT WATCH- Investors can subscribe to Italy-headquartered asset manager Azimut’s new Egypt-focused fixed income fund AZ-Savings as of next Sunday,…
Ezdehar Egypt Mid-Cap Fund plans to exit Dsquares, two other companies within 6 months
M&A WATCH- Ezdehar Egypt Mid-Cap Fund is looking to sell its stake in customer loyalty card company Dsquares within the…
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