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Orascom Investment reports net profit of EGP 865.6 mn in 2018
EARNINGS WATCH- Orascom Investment Holding reported a net profit of EGP 865.6 mn in 2018, up from EGP 453.1 mn…
OIH’s board agrees to fair value for Nile Sugar acquisition
M&A WATCH- OIH board agrees to fair value for Nile Sugar acquisition: Orascom Investment Holding’s board of directors has given…
Afreximbank grants Egypt’s OIH USD 170 mn credit facility
The African Export-Import Bank (Afreximbank) signed on Friday a USD 170 mn credit facility agreement with Orascom Investment Holding to…
FRA looking to file criminal case against Beltone officials over Sarwa IPO
FRA looking to file criminal case against Beltone officials over Sarwa IPO: The Financial Regulatory Authority (FRA) is looking to…
Something’s going on out by the Pyramids, but we can’t quite put our finger on it
Something’s going on out by the Pyramids, but we can’t quite put our finger on it: The latest turn in…
Sarwa shares down 7% on the EGX on second day after OIH acquisition
M&A WATCH- Sarwa shares down 7% in day two after OIH acquisition: Sarwa Capital’s share price fell just over 7%…
Sarwa shares fall nearly 10% after Naguib Sawiris’ OIH acquires a stake
Sarwa shares fall nearly 10% after OIH stake acquisition: Sarwa Capital’s share price ended yesterday’s trading session at EGP 6.52,…
SLCC annulls USD 10 mn Giza Plateau development contract with OIH
Sound and Light Company scraps USD 10 mn Giza Plateau development contract with OIH: The Sound and Light Cinema Company…
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