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Egyptian Starch and Glucose Company approves Cairo 3A acquisition bid
M&A WATCH- Starch and Glucose Company approves Cairo 3A acquisition bid: The Egyptian Starch and Glucose Company’s (ESGC) board of…
Egyptian bn’aire Naguib Sawiris acquires 60% of Qatari Diar's City Gate project
M&A WATCH- Naguib’s Ora Developers acquires 60% of Qatari Diar's City Gate project: Egyptian businessman Naguib Sawiris has agreed in…
Demand for acquisitions in Egypt’s banking sector is soaring — but nobody really wants to sell
M&A WATCH- With profits hitting record highs, Egypt’s banks are ripe M&A targets — but nobody really wants to sell,…
STC might be required to submit a mandatory offer for 100% of Vodafone Egypt
M&A WATCH- STC could be required to submit a mandatory offer for 100% of Vodafone: Saudi Telecom Company (STC) is…
EGP overvaluation to surpass 20% in the coming two years -RenCap
EGP overvaluation to surpass 20% in the coming two years -RenCap: Renaissance Capital has become “more bullish” on the trajectory…
Egypt’s non-oil business activity sinks to three-year low
Non-oil business activity sinks to three-year low: The contraction of activity in the non-oil private sector accelerated in January to…
Earnings watch: CIB delivers record 4Q, FY2019 results; MNHD profits hit EGP 1 bn
EARNINGS WATCH- CIB delivers record 4Q, FY2019 earnings: CIB posted record consolidated net profits of EGP 3.26 bn in 4Q2019,…
Egypt’s FRA grievance committee rejects Adeptio’s complaint over Americana MTO dispute
DISPUTE WATCH- Grievance committee rejects Adeptio’s cases against the FRA over Americana MTO dispute: The Financial Regulatory Authority’s (FRA) grievance…
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