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Egypt’s Al Ahly Capital to acquire Pharos’ asset management for EGP 20 mn
M&A WATCH- Al Ahly Capital is planning a c. EGP 20 mn bid for Pharos Holding’s asset management and investment…
Regional PE firm AfricInvest acquires 40% in Masria Cards
M&A WATCH- Regional PE outfit AfricInvest acquires 40% in Masria Cards: Private equity firm AfricInvest has closed a transaction acquiring…
Beltone to offload majority stake in Auerbach Grayson amid losses
M&A WATCH- Beltone to offload majority stake in Auerbach Grayson brokerage amid losses: Beltone Financial intends to sell its 60%…
Dubai-based Mubasher Holding to seek custodian license in Egypt
Dubai-based Mubasher Holding plans to apply for a custodian license in Egypt after it last year obtained approvals from the…
My Morning Routine: Amr Shawki, director at CVentures
Amr Shawki, director at CVentures: My Morning Routine looks each week at how a successful member of the community starts…
Jumia to launch tech hub in Egypt to support its e-payments system, Jumia Pay
Nigeria-based e-commerce platform Jumia plans to launch a tech hub in Egypt to support its e-payments system Jumia Pay, Jumia…
Tamweely Microfinance to launch seven new branches through partnership with National Postal Authority
Tamweely Microfinance is launching seven new branches in National Postal Authority (NPA) offices throughout Egypt as part of a partnership…
What we’re tracking on 27 June 2019
We have a nice long weekend ahead of us, as Sunday is off in observance of 30 June. Banks and…
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