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Value8 asks Dutch courts to freeze Orascom Construction’s proposed merger with Dutch-listed OCI Global
Good morning, everyone. Today’s issue has two stories from Egypt’s consumer economy — one about the brands worth keeping here,…
Earnings season continues with strong top-line growth across sectors
EFG Holding, Orascom Construction, CI Capital, Contact Financial, Raya Holding, GB Corp, and Edita report their latest results
Orascom Construction, Sawiris Foundation back next generation of scholars
This marks the 26th consecutive year of the program
B Investments closes out Infinity Solar exit
Plus: Orascom Construction extends OCI merger deadline to December
OCI board backs Sawiris’ buyout, Genel-Capricorn in Egypt, and Raya-Ascom on Ostool
Plus: The Badreldin family is taking 100% of Arkan Plaza
Nassef Sawiris pushes OCI take-private bid to Dutch regulators to bypass merger deadlock
Plus: Long-awaited Misr Life Insurance IPO gets the shareholders’ go-ahead
Nassef Sawiris’ NNS moves to take OCI Global private to push a merger with Orascom
At EUR 4.10 a share, the final allcash offer values OCI Global at EUR 866.6 mn
Eni attempts USD 20 mn quick fix to partially recover Zohr output
Plus: Orascom and Alpha Dhabi subsidiary launch regional water infrastructure company
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