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ACCH approves stock split ahead of November stake sale
ACCH approves stock split ahead of November stake sale: State-owned Alexandria Container and Cargo Handling’s (ACCH) EGM approved yesterday a…
Speed Round
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The EGX is expected to see 4-5 IPOs over the coming eight months
IPO WATCH- The EGX is expected to see 4-5 IPOs over the coming eight months, EGX boss Mohamed Farid told…
DPI partners with GB Auto on Mashroey and Tasaheel
M&A WATCH- DPI partners with GB Auto on Mashroey and Tasaheel: Africa-focused private equity firm Development Partners International (DPI) is…
Court drops final lawsuit against Ahmed Ezz on money laundering charges
Court drops final lawsuit against Ahmed Ezz on money laundering charges: The Cairo Criminal Court issued yesterday a decision dismissing…
El Sisi taps former Air Defense commander to head AOI
MOVES- El Sisi taps former Air Defense commander to head AOI: President Abdel Fattah El Sisi tapped yesterday Abdel Moniem…
Egypt seeks USD 2 bn in funding for education reform
Egypt seeks USD 2 bn in funding for education reform: The government is apparently holding talks with international development partners…
AIND reports net profit EGP 41.1 mn in 1H2018
EARNINGS WATCH- Arabia Investments & Development Holding (AIND) reported a net profit after tax of EGP 41.1 mn in 1H2018,…
Nabq Sinai looks toward end-2018 IPO
IPO WATCH- Nabq Sinai plans to list and sell shares only to Egyptians: Nabq Sinai for Hotels is planning to…
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