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Ethiopia rebukes US, Egypt on GERD talks
Ethiopia rebukes US, Egypt on GERD talks: Ethiopia’s foreign minister has criticized the US for taking a “totally unacceptable” position…
Egypt mulls increasing budget allocations for subsidies in FY2020-2021
BUDGET WATCH- Gov’t mulls increasing subsidy allocations next fiscal year: The government is in talks with the House of Representative…
German Ottobock eyes 20% stake in Orthomedics Egypt
M&A WATCH- German prosthetics company Ottobock is looking to purchase 20% of local producer Orthomedics Egypt, the local press reports.…
Speed Medical to finalize Safwa labs acquisition by 3Q2020
M&A WATCH- Speed Medical to finalize Safwa labs acquisition by 3Q2020: Speed Medical is planning to finalize its acquisition of…
Pioneers Holding approves fair value study for its five-way MTO
M&A WATCH- Pioneers Holding approves fair value study for its five-way MTO: Pioneers Holding has approved a fair value study…
HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
GB Auto, Palm Hills, Arabia Investments plan stock buybacks
GB Auto, Arabia Investments, Palm Hills plan stock buybacks: GB Auto, Palm Hills, and Arabia Investments are all looking to…
Uncertainty over BdC IPO date as covid-19 roils markets
PRIVATIZATION WATCH- Uncertainty over BdC April IPO as covid-19 roils markets: State-owned Banque du Caire (BdC) plans to make its…
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