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Central Bank of Egypt to launch mortgage finance program in March
CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program…
Egypt’s car sales fall 5.7% in 2019 -AMIC
Automotive sales fell 5.7% to 183k units last year, down from 194k in 2018, Al Mal reported citing figures from…
Americana approves Cairo 3A bid to acquire its stake in Egyptian Starch and Glucose
M&A WATCH- Starch and Glucose Company shareholders approve Cairo 3A acquisition bid: The Egyptian International Tourism Projects Company (Americana Egypt)…
International oil companies begin submitting offers for Shell’s Egypt assets
M&A WATCH- IOCs bidding for Shell’s Egypt assets: Royal Dutch Shell has begun receiving offers from international companies for the…
Egypt takes its first step toward privatizing some military-owned companies
PRIVATIZATION WATCH- Egypt takes its first step toward privatizing some military-owned companies: The Sovereign Fund of Egypt (SFE) and the…
Mashreq Bank considers purchasing majority stake in Arab Investment Bank
M&A WATCH- The UAE’s Mashreq Bank is considering acquiring a controlling stake in Egypt’s Arab Investment Bank (AIB), sources familiar…
Adeptio appeals FRA’s rejection of Americana Egypt MTO
M&A WATCH- Adeptio appeals FRA’s rejection of Americana Egypt MTO: Adeptio has reportedly scheduled a court date in March with…
Cairo 3A bids for Americana's stake in Egyptian Starch and Glucose
M&A WATCH- Cairo 3A bids for 91.5% stake in Egyptian Starch and Glucose: Cairo 3A has made an offer to…
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