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Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
B Investments to offload 20% of its stake in Total Egypt
M&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt: B Investments has entered talks with…
DPI, Adwia end acquisition talks after failing to agree valuation
M&A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: Acquisition talks between UK Africa-focused private equity firm…
PE giant Actis to make new renewables acquisition this year
PE giant Actis to make new renewables acquisition this year, likes fintech, healthcare: Leading emerging-market private equity firm Actis expects…
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds, according to a new…
Spotlight:Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt
MOVES- Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt: The covid-19 crisis has shifted…
CDC closing in on USD 100 mn investment in unnamed healthcare player
INVESTMENT WATCH- CDC closing in on USD 100 mn investment in unnamed healthcare player: The UK’s CDC Group is planning…
What we’re tracking on 6 May 2020
It’s a relatively quiet morning in Egypt and around the world, with the biggest story on the home front being…
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