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Beltone’s record EGP 10 bn capital increase closes, sees foreign institutions take stakes
Second phase of rights issue was c. 5.5x oversubscribed
Abou Hashima to acquire 5% of Beltone
Beltone is looking to raise EGP 10 bn via a capital increase
Ezz Steel acquires Abou Hashima’s remaining Egyptian Steel stake
Ezz Steel has completed its purchase of Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday in an EGX…
Ezz Steel to acquire Abou Hashima’s stake in Egyptian Steel
Ezz Steel is moving forward with its bid to acquire Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday…
TONIGHT: Ezz Steel wants to buy Abou Hashima’s remaining stake in Egyptian Steel + CHG tender offer opens tomorrow + Shoukry in Riyadh + Bennett in Abu Dhabi.
Good afternoon, friends, and bravo on finishing the first day of what looks set to be a busy week as…
We still don’t know if Ezz Steel is acquiring a stake in Egyptian Steel
MARKET NEWS- Ezz Steel’s alleged acquisition of a stake in Egyptian Steel is still unconfirmed: Early reports that Ezz Steel…
Egyptian Cement to inaugurate EGP 4.5 bn cement factory in Sohag amid supply glut
Egyptian Cement is planning to inaugurate a EGP 4.5 bn cement factory in Sohag next year, CEO Ahmed Abou Hashima…
Egyptian Steel eyes EGX listing after covid-19 crisis
IPO WATCH- Egyptian Steel Group could go public on the EGX once the covid-19 crisis has died down, founder and…