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Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
Privatize all the things
The state privatization program could be making a comeback in the coming months after Public Enterprises Minister Hisham Tawfik told…
Hold your horses
ENTERPRISE POLL- The Central Bank of Egypt (CBE) will leave rates on hold when its Monetary Policy Committee holds its…
SFE hits EGP 26 bn milestone
The Sovereign Fund of Egypt (SFE) now has nearly EGP 26 bn in assets under management (AUM), SFE CEO Ayman…
Monginis to invest EGP 200 mn over the next two years to expand their presence nationwide
Sweets maker Monginis is planning to invest EGP 200 mn to double their number of stores to 200 by 2022,…
ODH sells affordable housing arm
An unnamed UK-based fund has acquired 100% of New City Housing and Development for EGP 365 mn, Al Mal reports…
Around the world on 14 December 2020
Just to raise our hackles a little bit: The chairman of DP World says that Israel is the “logical” link…
Qalaa Holdings reports 3Q2020 results
Qalaa Holdings reported a consolidated net loss after minority interest of EGP 450 mn in 3Q2020, widening its losses from…
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