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Moves: Compass appoints Tarek Rahman as managing director
MOVES- Private equity firm Compass has appointed Tarek Abdel Rahman (LinkedIn) as managing partner, according to a press release. Abdel…
Opportunities in education and health were the highlights of last week’s M&A conference
M&A WATCH- Among the highlights from last week’s M&A conference, for those of you who were unable to attend: HC…
Amendments to NGOs Act to be drafted within a month
LEGISLATION WATCH- Amendments to controversial NGOs Act to be ready for public review within a month: The Social Solidarity Ministry-led…
Mineral Resources Act sent to House for review
LEGISLATION WATCH- Amendments to Mineral Resources Act sent to House: The government has sent long-awaited draft amendments to the Mineral…
Egypt’s Pioneers Holding to acquire 100% of Electro Cable
M&A WATCH- Pioneers Holding to seek 100% of Electro Cable Egypt: Pioneers Holding is looking to acquire 100% of Electro…
Expat remittances rise USD 20.4% y-o-y in September
Remittances to Egypt by citizens working abroad rose 20.4% y-o-y in September to USD 1.8 bn, up from USD 1.5…
Egypt’s Eastern Tobacco stake sale is “in the offing” as share price recovers
IPO WATCH- Eastern Tobacco stake sale is “in the offing” as share price recovers: The sale by the state of…
Masria Cards says it has no IPO plans in the medium term
CORRECTION- We had noted a story from Al Mal last Thursday that smart card supplier Masria Cards is considering an…
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