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Education Ministry to allow exceptions to new school foreign ownership limits
REGULATION WATCH- Education Ministry makes concessions on school foreign ownership limits after investor pushback: The Education Ministry will consider raising…
Apicorp acquires 24% equity stake in Al Khorayef United Holding
M&A WATCH- Apicorp acquires 24% stake in Al Khorayef United Holding: The Arab Petroleum Investments Corporation (Apicorp) has acquired a…
Elaj in talks to acquire Euro Mena II’s stake in Egypt’s International Eye Hospital
M&A WATCH- Saudi’s Elaj in talks to acquire Euro Mena II’s stake in International Eye Hospital: Elaj Group has entered…
What we’re tracking on 14 November 2019
It’s interest rate day today: The CBE meets today to review interest rates, with five of the six economists we…
IFC could invest USD 25 mn in Lorax Capital SME PE fund
INVESTMENT WATCH- IFC could put USD 25 mn into Lorax SME PE fund: The International Finance Corporation could provide USD…
Apparent cap on foreign ownership of Egyptian schools sends chill through operators and private equity backers alike
Apparent cap on foreign ownership of Egyptian schools sends chill through operators and private equity backers alike: Education Minister Tarek…
Ebtikar to set up two consumer finance arms by year end
Ebtikar for Financial Investment is planning to set up two consumer finance arms by the end of the year, the…
Azimut are not establishing a private equity fund
CORRECTION- We reported yesterday that Azimut is looking to establish an Egypt-focused private equity fund. It is in fact setting…
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