FAB drops its bid for EFG Hermes. Plus: Incolease, Mondi in transactions.
Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
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Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
Abu Dhabi wealth fund ADQ is on course to acquire the National Investment Bank’s (NIB) entire 21.5% stake in Abu…
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
The Environment Ministry is working with the EGX on a proposal to set up a platform that would allow companies…
Gov’t to step up privatization efforts in coming months: The Madbouly government is planning to sell stakes in state-owned companies…
Abu Qir Fertilizers completed the sale of 10% of its shares for EGP 2.25 bn (c. USD 143 mn), according…
State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic,…
The Madbouly government is NOT liquidating NIB, only restructuring it: The state-owned National Investment Bank (NIB) is not being liquidated,…
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