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Longreen Capital Advisors completes acquisition of Egyptian International Restaurants Company
M&A WATCH- Longreen Capital Advisors announced that it has completed the acquisition of Egyptian International Restaurants Company, operator of El…
Speed Round
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Eagle Capital acquires Abou Hashima’s stake in Egyptian Media
M&A WATCH- Eagle Capital announced yesterday it has acquired Ahmed Abou H ashima’s stake in Egyptian Media Group, Al Masry…
National Bank of Kuwait to expand operations in Egypt, Saudi
Kuwait’s largest bank to expand in Egypt: National Bank of Kuwait (NBK) “plans to hire hundreds of people and open…
House debating amendments to Capital Markets Act
In other major legislative news, the House Economics Committee began discussion of amendments to the Capital Markets Act on Monday…
Universal Healthcare Act passes the House
LEGISLATION WATCH- The House of Representatives passed yesterday the Universal Healthcare Act, the government’s EGP 600 bn health coverage plan…
Is the CBE considering ditching an IPO for Banque Du Caire and United Bank?
IPO WATCH- Is the CBE reconsidering the IPOs of BdC, United Bank? The Central Bank of Egypt could scrap planned…
Pharos Holding to support AT Lease share price for one month after trading starts
CORRECTION- Pharos Holding will be backing the share price of AT Lease for a period of one month after trading…
Priority will be given to Egyptian companies in the reconstruction of Libya
Priority will be given to Egyptian companies in the reconstruction of Libya, said Osama Hamad, Finance Minister of Libya’s Government…
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