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SEIC to conduct due diligence on CIRA ahead of acquisition plans. PLUS: News from TMG, Cleopatra, and Bokra
Baker Tilly will act as the transation’s financial advisor and prepare a fair value study for CIRA’s shares
EgyptAir places big Airbus order. PLUS: News from SODIC, Afreximbank, Hayat, Cleopatra Group
AVIATION- EgyptAir has placed another big order for new aircraft. National flag carrier EgyptAir has placed an order for 10…
EGX sets timeline for CI Capital’s bid on Cleopatra shares
Subscription for CI Capital’s bid for a chunk of Cleopatra Hospitals kicks off today: Cleopatra Hospital Group shareholders have until…
New tobacco license terms
The tobacco industry is less than pleased with the latest set of conditions for a license to manufacture cigarettes, which…
Egypt in the News on 18 October 2020
Topping coverage of Egypt in the foreign press: A CNN report claiming the FBI investigated whether an unnamed Egyptian state…
Casting of Israeli actress Gal Gadot as Cleopatra sparks controversy
Gal Gadot’s casting as Cleopatra in an upcoming Paramount film is sparking controversy online, with some claiming that an Arab…
Earnings Watch- Cleopatra Hospitals Group, Pioneers Holding, Suez Cement, Sidi Kerir for Petrochemicals
EARNINGS WATCH- Cleopatra Hospitals Group reports a 67% y-o-y decline in 2Q2020 net profits to EGP 14 mn, down from…
Egypt in the News on 14 July 2020
It’s a busy but mixed day for Egypt in the international press this morning. Coverage of Egypt’s “#MeToo moment” from…
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