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Ebtikar acquires additional 9.1% stake in e-payments firm Masary
M&A WATCH- Ebtikar acquires additional 9.1% stake in Masary for EGP 40 mn: Ebtikar for Financial Investment, a joint venture…
Earnings watch: Raya Holding, Domty, Suez Cement, Tourah Cement
EARNINGS WATCH: Domty 2Q2019 net profits fall 35% y-o-y: Arabian Food Industries (Domty) reported 2Q2019 net income of EGP 37.5…
B Investments’ Giza Systems wins c.USD 30 mn smart water waste project in KSA
B Investments’ Giza Systems awarded USD 30 mn contract for Saudi water project: B Investments’ Giza Systems has won a…
Ebtikar-led consortium completes acquisition of ODH’s 87% stake in Tamweel Group
M&A WATCH- Ebtikar-led consortium completes acquisition of ODH’s 87% stake in Tamweel Group: A consortium of funds including B Investments’…
Earnings watch: ADIB, ACC, B Investments, Raya, Naeem, HHD, Eastern, Obourland, EIPICO
EARNINGS WATCH- B Investments posted a net profit of EGP 35.48 mn in 1Q2019, up 5.5% y-o-y from EGP 33.53…
Ebtikar’s Vitas gets microfinancing license
Ebtikar for Financial Investment’s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000…
Egyptian startup Wasla lands USD 180,000 in its pre-seed investment round
INVESTMENT WATCH- Startup Wasla lands USD 180k in its pre-seed investment round: Android browser Wasla landed USD 180,000 in a…
Egypt’s B Investments mulling USD 15-20 mn acquisition in Benban solar plant
M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking…
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