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USD 200 mn from EBRD will go to construction of Majid Al Futtaim’s City Centre Almaza
USD 200 mn in funding from the EBRD to Majid Al Futtaim’s City Centre Almaza: The European Bank for Reconstruction…
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
El Sisi, Madbouly, Maait recap Egypt’s economic performance in FY2018-2019
The government met its 8.4% budget deficit and 2% primary budget surplus targets in FY2018-2019, which ended on Sunday, according…
GTH board cancels shareholders meeting over the planned capital increase
M&A WATCH- Global Telecom MTO progresses after tax dispute resolution: Global Telecom Holding (GTH) shareholders have offered to sell 37%…
Pioneers hires CI Capital to advise on Arab Dairy sale
M&A WATCH- Pioneers Holding names CI Capital as adviser on Arab Dairy sale: Pioneers Holding has hired investment bank CI…
Top investment banks competing to manage United Bank sale
M&A WATCH- EFG, Pharos, CI, HC among investment banks facing off to advise on United Bank sale: EFG Hermes, CI…
Saudi’s Andalusia aims to invest EGP 1 bn in new Egypt hospitals
INVESTMENT WATCH- Saudi’s Andalusia for Medical Services plans to invest EGP 1 bn in building two hospitals in Egypt, CEO…
Emirati bank investments in Egypt stand at AED 43.4 bn at end of 1Q2019
INVESTMENT WATCH- UAE banks invested USD 11.8 bn in Egypt in 1Q2019: Investments by Emirati banks in Egyptian assets reached…
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