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OB Financial Holding to set up retail arm
PLUS- El Araby Group will begin locally manufacturing fixed internet home routers
AfDB approves USD 170 mn private sector development, economic diversification loan. PLUS: Paymob, Masria Digital Payments, SideUp, Mobica, Shell, Orascom Financial Holding
The funds will have a special emphasis on green growth
Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan
The government also recently inked agreements with Saudi Arabia, UAE, and Bahrain to cut the time down from a few…
Global firms are interested in Egypt’s oil sector. PLUS: News from Bonya, Alex Container, Telecom Egypt
PLUS- Energean’s USD 945 mn asset sale to Carlyle set to go through by year end
B Investments to soon snap up a 70% stake in Orascom Financial Holding. PLUS: Al Ahly Capital Holding acquires 51% stake in Easy Lease
B Investments will now need to complete the share swap
THIS EVENING: B Investments' board gives the green light to capital increase ahead of OFH acquisition
Good afternoon, ladies and gentlemen, and happy Tuesday. We’re already in the middle of an abridged workweek, but can’t say…
B Investments to become Orascom Financial Holding’s majority owner after shareholders respond to offer
B Investments wanted to acquire up to 90% of OFH and no less than 51% of the company
B Investments granted more time to submit MTO for OFH. PLUS: Agthia ups stake in Abu Auf, Basata acquires Jordanian fintech stake
B Investments wants to submit an MTO for up to 90% of Orascom Financial Holding
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