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McKinsey’s new head in MENAP + Mopco’s new chair, MD
McKinsey appointed Hasan Muzaffer (LinkedIn) its new managing partner for the Middle East, Egypt, and Pakistan, the company said on…
MAF gets a new CEO + Mopco appoints acting chairman, MD
Emirati retail conglomerate Majid Al Futtaim (MAF) has appointed Ahmed Galal Ismail (LinkedIn) its CEO, replacing Alain Bejjani (LinkedIn), who…
The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
Saudi wealth fund to acquire 25% of Mopco
Another Gulf wealth fund wants a piece of Mopco: Saudi Arabia’s sovereign wealth fund will acquire a stake in the…
THIS EVENING: Mopco gets interest from PIF + Inflation figures are set to drop tomorrow
Happy hump day, friends. It’s still another rather quiet news day here on the home front, but our drought is…
Earnings watch: Ezz Steel, Mopco
EARNINGS WATCH- Ezz Steel’s bottom line rose 2.4% y-o-y in 1Q2022 to reach EGP 1.22 bn, according to the company’s…
ADQ makes grand entry into the EGX with USD 1.8 bn buy + launches first MENA SPAC with Chimera
Abu Dhabi wealth fund ADQ acquired state-owned stakes in five EGX-listed companies yesterday as part of an agreement reached last…
THIS EVENING: Five EGX-listed companies see stake purchases worth around USD 1.8 bn + Markets are looking to contain the fallout from EU’s embargo on Russian oil imports
Today seemed like a slow day — until it became the exact opposite of that. We’re flush with news today,…
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