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EGX approves using private investment funds' cash securities as collateral for margin trading
REGULATION WATCH- The EGX has decided to allow using private investment funds' cash securities as collateral for margin trading, according…
EFG Hermes looking to close new education acquisition in Egypt this year
M&A WATCH- EFG Hermes looking to close new education acquisition this year: The Egypt Education Fund, EFG Hermes’ joint education…
Ebtikar ups stake in Masary for fifth time since July
M&A WATCH- Ebtikar ups stake in Masary for fifth time since July: Ebtikar for Financial Investment, a joint venture between…
Elaj in talks to acquire Euro Mena II’s stake in Egypt’s International Eye Hospital
M&A WATCH- Saudi’s Elaj in talks to acquire Euro Mena II’s stake in International Eye Hospital: Elaj Group has entered…
Actis, Engie, Datang in the running to acquire stake in Egypt’s combined-cycle power plants
Actis, Engie, Datang in the running to acquire stake in Egypt’s combined-cycle power plants: Actis, France’s Engie, and China Datang…
Egypt kicks off marketing for upcoming eurobond issuance
Egypt begins marketing for its triple-tranche USD eurobond issuance, says its receiving subscription requests: Egypt began yesterday marketing its upcoming…
Earnings watch: EFG Hermes, Suez Cement, Tourah Cement, Raya Contact Center, AT Lease
EARNINGS WATCH- EFG Hermes’s net profit after tax and minority interest rose 34% to EGP 358 mn in 3Q2019, compared…
UAE-based trucking network Trukker plans to enter Egypt before end of 2019
STARTUP WATCH- UAE-based trucking network Trukker is to expand into the Egyptian market before the year is out, CEO Gaurav…
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