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ADQ makes grand entry into the EGX with USD 1.8 bn buy + launches first MENA SPAC with Chimera
Abu Dhabi wealth fund ADQ acquired state-owned stakes in five EGX-listed companies yesterday as part of an agreement reached last…
THIS EVENING: Five EGX-listed companies see stake purchases worth around USD 1.8 bn + Markets are looking to contain the fallout from EU’s embargo on Russian oil imports
Today seemed like a slow day — until it became the exact opposite of that. We’re flush with news today,…
ADQ could buy up National Investment Bank’s entire stake in Abu Qir
Abu Dhabi wealth fund ADQ is on course to acquire the National Investment Bank’s (NIB) entire 21.5% stake in Abu…
ADQ is buying … a lot
Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling,…
Former EGPC chief Abed Ezz El Regal to head Abu Qir Fertilizers
Oil Minister Tarek El Molla has appointed former EGPC head Abed Ezz El Regal as the chairman and managing director…
East Delta to build 125 MW power unit at El Arish
East Delta Electricity Production Company will establish a 125 MW combined cycle power unit at the El Arish plant, Al…
Abu Qir Fertilizers’ bottomline rises 137.7% y-o-y during 2Q2021-2022
EARNINGS WATCH- Abu Qir Fertilizers’ bottomline rose 137.7% y-o-y during 2Q2021-2022 to EGP 1.9 bn, according to the company’s financial…
State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
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