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Ergo buys 49% stake in studio behind Souad, Paranormal
State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic,…
Misr Life Ins. IPO in 2022?
Misr Life Ins. won’t be ready for its EGX debut as part of the state privatization program before the end…
NI Capital’s money market fund closes early on huge investor demand
Siula, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.075 bn of…
Fintech vies with healthcare as Egypt’s hottest sector
E-payments giant Fawry is looking to make up to two acquisitions this year, founder and CEO Ashraf Sabry tells Reuters…
A spate of M&As to end the year
Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in Alexandria Medical in a AED 64 mn (EGP 275…
NI Capital plans new fixed-income fund, expanded microfinance portfolio
NI Capital is planning to launch a fixed-income investment fund, CEO Mohamed Metwaly said, according to Al Mal. NI’s parent…
NI Capital acquires Bank Audi’s Arabeya Online brokerage
M&A WATCH- State owned investment bank NI Capital has signed an agreement to acquire Bank Audi’s Arabeya Online brokerage, Planning…
NI Capital in talks with Bank Audi for acquisition of Arabeya Online brokerage
M&A WATCH- NI Capital eyes Arabeya Online acquisition: State-owned investment bank NI Capital is in talks with Bank Audi to…
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