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B Investments, Raya CX + Raya Holding report 2Q earnings
B Investments’ net income rose 74% in 2Q 2022, reaching EGP 38.15 mn, according to the company’s consolidated financial statement(pdf).…
Saudi regulator approves STC takeover of Giza Systems
Giza Systems is one step closer to being Saudi-owned: Saudi Arabia’s competition watchdog has given the greenlight to Saudi Telecom’s…
B investments has a month to pre-empt Adnoc’s play for half of TotalEnergies Egypt
Could B Investments pre-empt Adnoc’s bid for TotalEnergies Egypt? Private equity outfit B Investments is “evaluating all options” after Adnoc…
THIS EVENING: B Investments hasn’t decided whether to exercise its preemption rights in Adnoc acquisition + China reports slowing factory activity as KSA sees booming growth
Good afternoon, wonderful people. It’s a relatively calm start to the week, after last week saw the news cycle dominated…
B Healthcare Investments now owns a controlling stake in Egyptian IVF Center
B Investments subsidiary B Healthcare Investments has completed the acquisition of a 51% stake in the Egyptian IVF Center in…
THIS EVENING: BP lands new gas exploration rights in Egypt + B Investments Healthcare acquires majority stake in the Egyptian IVF Center + EGX is taking Thursday off
It’s almost the long weekend, ladies and gentlemen, we’re taking off a little early here at Enterprise. We’ll be taking…
Is Beltone in play?
An investor alliance led by WM Consultancy has submitted a non-binding offer to buy a majority stake in Beltone Financial,…
Earnings watch: Telecom Egypt, Orascom Financial Holding, B Investments report 1Q2022 results
EARNINGS WATCH- Telecom Egypt’s 1Q2022 net income declined 36% y-o-y to EGP 1.40 bn, according to the company’s earnings release…
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