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TBS Holding eyes UAE consumer packaged goods company, KSA IPO in Gulf push. PLUS: Domty, Banque Misr, CIRA Education, Energean, Heliopolis Housing
TBS Holding is currently in talks to acquire a Dubai-based consumer packaged goods firm
EFG Holding’s Bank NXT reports record net income for 2024
Net interest income also rose 54% y-o-y
Orascom Construction, Juhayna report 2024 earnings
Orascom Construction saw its net income increase 0.4% y-o-y in 2024
EFG Holding sees revenues rise 66% to a record EGP 24.4 bn in 2024
Growth was fueled by growth across the holding company’s three segments
Banque du Caire saw net income jump 86% in 2024
AND- Emirates NBD tapped Matouk Bassiouny & Hennawy as counsel for its potential acquisition of BdC
Chinese garment manufacturer to set up USD 10 mn plant in Qantara West
PLUS- Grinta acquires Citi Clinic, gaining access to over 150k patients
Orascom Development sees revenues rise 42.2% in 2024
When excluding FX losses, net income for the 12-month period increased 55.5% y-o-y
Price increases helped push Rameda’s revenues up in 2024
Rameda’s revenues rose 44.0% y-o-y in 2024
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