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TMG Saudi signed a preliminary deal for a second Saudi project that would be about twice the size of Benan City
Good morning, folks. We have a couple of big money moves to dive into today. The first is about hundreds…
Social Impact Capital confirms its 88.7% stake in CIRA Education following EGP 3.4 bn transaction
“This transaction represents a bold leap toward realizing our ambition of reshaping education across the region,” said CIRA Education CEO…
Social Impact Capital’s acquisition of CIRA Education nears its close with 96.5% of targeted shares responding to offer
This brings the total value of the acquisition to EGP 3.4 bn
Social Impact Capital revises CIRA Education bid to 90% with increased share price offer
CIRA’s shares have a fair value of some EGP 17.95 apiece
SIC submits mandatory tender offer to own up to 100% of CIRA Education
SIC has offered to purchase some 284.3 mn of CIRA’s shares at EGP 15 a piece
Madbouly’s investment charm offensive in Riyadh continues to dominate the talk show circuit
The day was capped off by Saudi Crown Prince Mohammed bin Salman’s directive that the PIF inject USD 5 bn…
Mohammed bin Salman tells PIF to pump USD 5 bn in investments into Egypt in “first phase”
Details on the kinds of investments to be targeted remained sparse
GCC sovereign wealth funds post largest investment share in 15 years -GlobalSWF
Saudi Arabia’s PIF led investment activity globally
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