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EFG Hermes appoints Mohamed Gabr to head legal team
MOVES- EFG Hermes has appointed high profile corporate lawyer Mohamed Gabr (Linkedin) as general counsel and to provide strategic advice…
Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
Busy day at Egypt’s House after a three-week hiatus
LEGISLATION WATCH- The House was busy yesterday as its three-week break came to an end — and as MPs race…
Maersk hikes letters of guarantee in “crippling” move for freight companies
Maersk said to hike letters of guarantee requirement in “crippling” move for freight companies: Maersk is set to increase the…
Odin, Kasb Capital to establish EGX equity fund
Odin, Kasb Capital to establish EGX equity fund; Odin says it is looking at three more specialized funds: Odin Investments…
Union National Bank in Egypt to rebadge as Abu Dhabi Commercial Bank in September
M&A WATCH- Union National Bank in Egypt to rebadge as Abu Dhabi Commercial Bank next month: The Union National Bank…
FAB, Bank Audi Egypt’s acquisition talks to resume soon -sources
M&A WATCH- FAB’s acquisition of Bank Audi’s Egypt operations may not be dead. Negotiations that could see First Bank of…
Egypt’s B Investments to set up EGP 1 bn healthcare company
INVESTMENT WATCH- Private equity outfit B Investments will establish an EGP 1 bn healthcare platform, with an initial commitment of…
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