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Odin Investments to move forward with El Nasr Civil Works acquisition this month
M&A WATCH- Odin Investments to move forward with El Nasr Civil Works acquisition this month: Odin Investments is expected to…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
Elsewedy Capital, Gulf Cryo partner on new air separation unit in Egypt
Elsewedy Capital, Gulf Cryo partner on new air separation unit in Egypt: Elsewedy Capital has set up a JV with…
United Bank sale on ice until covid has passed
M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to…
Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
Egypt: EFG tapped as financial advisor in 2021 IPO of MM Group subsidiary
IPO WATCH- MM Group’s e-payments subsidiary looks to start work on IPO in 1Q2021: An e-payments company recently established by…
Moves: Court of Cassation, TPay Mobile, Prime Holding
MOVES- Judge Abdallah Shoda was sworn in yesterday before President Abdel Fattah El Sisi as the new head of the…
FRA completes first draft of law to regulate fintech industry
LEGISLATION WATCH- The Financial Regulatory Authority (FRA) has finished the first draft of a law that will govern the fintech…
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