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ADQ Holding could buy Amoun Pharma for USD 700 mn
M&A WATCH- The Emirates’ ADQ Holding could buy Amoun Pharma for USD 700 mn: Abu Dhabi’s sovereign wealth fund ADQ…
What we’re tracking on 23 September 2020
We’re looking forward to next week almost as much as we’re looking forward to the weekend. Friday and Saturday are…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
What we’re tracking on 5 August 2020
The story of the morning isn’t here in Egypt, but next door in Lebanon, where Beirut is reeling from a…
What we’re tracking on 17 May 2020
Welcome to the final week of Ramadan, friends — we hope you’re looking forward to the upcoming long weekend as…
EFG Hermes net profit up 36% in 2019
EARNINGS WATCH- EFG Hermes’ net profit surged 36% in 2019 to EGP 1.38 bn from EGP 1 bn a year…
EGX sell-off slows following CBE’s surprise rate cut
EGX sell-off slows following CBE’s surprise rate cut: The benchmark EGX30 index dipped again yesterday, but at a slower pace…
ADIB Egypt to exit from 34 NBFS subsidiaries
ADIB Egypt to exit 34 legacy NBFS subsidiaries: Abu Dhabi Islamic Bank (ADIB) Egypt is liquidating 28 of its subsidiaries’…
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