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Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction
M&A WATCH- Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction: Ezz Steel divested its full…
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Americana Egypt minority shareholders turn down Adeptio's offer price
M&A WATCH- Americana minority shareholders turn down Adeptio's offer price: Minority shareholders in the Egyptian International Tourism Projects Company (Americana)…
EKH’s Emisal Salts acquisition bid stalls on lackluster tender offer
M&A WATCH- EKH’s bid to acquire a majority stake in Emisal Salts looks stalled: Egypt Kuwait Holding’s (EKH) acquisition of…
Speed Medical to invest EGP 160 mn in 2020
INVESTMENT WATCH- Egyptian healthcare company Speed Medical to invest EGP 160 mn in 2020: Speed Medical aims to invest EGP…
FRA prepares for launching short selling by the end of this year
FRA holds consultations to prepare for introduction of short selling by the end of this year: The Financial Regulatory Authority’s…
FinMin issues guidelines for state bodies' standalone budgets for FY2020-2021
BUDGET WATCH- FinMin issues guidelines for state bodies' budgets for FY2020-2021 ahead of drafting full budget: The Finance Ministry has…
Elsewedy eyes stake in Egypt’s combined-cycle power plants, other Tharaa investments
Elsewedy eyes stake in Egypt’s combined-cycle power plants, Naguib looking at other potential investments through Tharaa: Elsewedy Electric is looking…
Helmy, Hamza and Zulficar take home nods from Chambers Middle East
KUDOS- Helmy, Hamza & Partners was awarded the inaugural Chambers Middle EastAward for Law Firm of the Year in corporate…
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