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Etisalat Misr raises capital to retire 4G license debt
Etisalat Misr is joining the list of companies in Egypt raising capital to retire debt it accumulated to pay for…
Speed Round
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Arab Moltaqa to invest EGP 200 mn in two years
INVESTMENT WATCH- The Arab Moltaqa Investments Company could invest up to EGP 200 mn in Egypt over the next two…
Arqaam Capital is managing four M&A transactions in Egypt this year
M&A WATCH- Arqaam Capital is advising on four M&A in Egypt, Managing Director Radi El Helw tells Al Borsa. The…
Careem not seeking IPO, not yet profitable -Sheikha
IPO WATCH- It was never going to be on the EGX, and in any case: Careem is not actively considering…
Beltone Financial has two IPOs in pipeline for this year
IPO WATCH- Beltone Financial has two IPOs in the pipeline for potential execution this year, one each in the consumer…
EPPC move forward with USD 250-300 mn IPO in April -Saada
IPO WATCH- The Egyptian Propylene and Polypropylene Company (EPPC) has reportedly appointed EFG Hermes and Citibank to help it secure…
Eagle Capital hires EFG, Zulficar for restructuring of Egyptian Media Group
IPO WATCH- Eagle Capital has tapped EFG Hermes and Zulficar & Partners to act as financial and legal advisors on…
ANC moves to oust Zuma, Germany to halt arms exports to countries mired in Yemen conflict
Further afield: Keep your eye on South Africa this week. The ruling African National Congress has started taking steps to…
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