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Egypt Kuwait Holding to sell entire 63.4% Delta Ins. stake. PLUS: SODIC, Madar Developments, Punalu, Erada Microfinance, DisrupTech Ventures
The Morocco-based ins. player submitted an MTO to acquire up to 100% of Delta Ins. at EGP 40 per share…
Beyti plans to raise its investments in Egypt by EGP 7 bn over the next three years
The Almarai-owned producer is looking to enter new export markets this year, including China, Ivory Coast, Morocco, and Uzbekistan
Wafa Assurance submits MTO to acquire Delta Ins.
Wafa Assurance plans to delist Delta Ins. from the EGX following the acquisition
United Foundries Company eyes USD 10 mn foundry to more than double output. PLUS: Sarwa Ins. + Zamalek SC, Beyti, Hilton, Huawei, Scatec, Ostoul Capital
The company plans to explore the US markets, with around 83% of production earmarked for export
China’s Di Seta breaks ground on USD 40 mn factory in Qantara West
PLUS- IDG launches 1.6 mn sqm industrial offering in New October
Who’s behind the country’s first PIPE fund?
PLUS- FRA extends AXA’s deadline for Delta Ins. takeover offer
FRA revises guidelines governing ins. firms’ investments
New rules introduce new investment requirements for ins. and reins. players
FRA opens the door for ins. funds to diversify their portfolios
The FRA introduced amendments to the rules governing private ins. funds and the caps on their investments
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