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VC outfit TLcom Capital eyes Egypt. Plus: Aman + Taqa eye fintech
Africa-focused VC firm TLcom Capital plans to enter Egypt with its new fund, which hit a first close of USD…
Odin to split into two companies + Raya acquires additional stake in Polish pasta maker
MARKET NEWS- Odin Investments will spin off its operations into two companies after receiving approval from the EGX’s Listing Committee…
BariQ now officially belongs to Intro Group
Raya Holding has completed the EGP 571 mn sale of 100% of its recycling subsidiary BariQ to Intro Group subsidiary…
TONIGHT: Hala Zayed in the hospital? Big news on state priv. Program and for local M&As. 10 protestors killed, 80+ injured in Khartoum + it’s interest rate week in Egypt and Europe
Hump day is news dump day, ladies and gentlemen, as we are getting our fix of everything: from IPOs, privatization…
EgyLease to issue EGP 750 mn in securitized bonds
Financial leasing company EgyLease is working to issue EGP 750 mn in securitized bonds, a move that is being carried…
EGX30 up 2.7% YTD
The EGX30 rose 0.4% at today’s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors…
The Market on 6 September
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.7 bn (11.6% above the 90-day average). Local investors…
Debt market welcomes Raya’s Aman
Raya subsidiary Aman completed the issuance of EGP 585 mn in securitized bonds, according to a statement (pdf) from the…
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