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Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
Vodafone to acquire 20% in fintech players Bee and Masary
Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary — both subsidiaries of non-banking…
Ebtikar eyes 2H2021 IPO
Ebtikar is planning an EGX debut in the second half of 2021, Omar El Labban, the IR director of majority…
Also on our radar on 13 January 2021
EBRD, UN to help Egypt’s tourism industry get back on its feet post-covid: The European Bank for Reconstruction and Development…
Ebtikar receives offers for stakes in e-payments firms Bee, Masary
M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received “several”…
Ebtikar taps EFG to quarterback EGX debut
IPO WATCH- Ebtikar taps EFG to quarterback EGX debut: Ebtikar — MM Group's non-banking financial services subsidiary — has hired…
MM Group looks to take Ebtikar, e-payments company public on EGX in 2021
IPO WATCH- MM Group looks to take Ebtikar, e-payments company public on EGX in 2021: Industry and trade group MM…
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