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Ebtikar acquires additional 10% stake in e-payments firm Masary
M&A WATCH- Ebtikar acquires additional 10% stake in Masary: Ebtikar for Financial Investment, a joint venture between BPE Partners and…
OFID to increase Egypt financing by USD 55 mn by year-end
OFID to increase Egypt financing by USD 55 mn by year-end: The OPEC Fund for International Development (OFID) is planning…
Egypt’s first EGP 1 bn fintech fund to launch early 2020
Egypt’s first fintech fund to launch early 2020: The Central Bank of Egypt’s (CBE) EGP 1 bn fund to back…
Brilliance to invest USD 120 as it returns to Egypt assembly
EXCLUSIVE- Brilliance Auto to invest USD 120 mn to return to domestic assembly: Brilliance Bavarian Auto is planning to invest…
Eni begins oil production at West Meleiha concession; makes new oil, gas discoveries
Italian energy company Eni has begun oil production from its West Meleiha concession in the Western Desert at a rate…
United Oil & Gas looks to acquire Rockhopper Egypt for USD 16 mn
M&A WATCH- United Oil & Gas wants to buy Rockhopper Egypt for USD 16 mn: Irish energy company United Oil…
Germany’s Wintershall DEA looking to invest USD 800 mn in Egypt through 2020
INVESTMENT WATCH- Germany’s Wintershall DEA is looking to invest USD 800 mn in Egypt through 2020, Oil Minister Tarek El…
EGX boss sees two private companies, one state-owned company IPOing this year
IPO WATCH- Two private companies, one state-owned company expected to IPO this year -Farid: EGX boss Mohamed Farid expects one…
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