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Vodafone Egypt appoints Mohamed Abdallah as CEO
MOVES- Mohamed Abdallah (Linkedin) has been appointed CEO of Vodafone Egypt effective 1 November, succeeding Alexandre Froment-Curtil, who is now…
New stamp tax on securities will see the government collect up to 0.125% on every transaction
Lower stamp tax on EGX transactions is now in effect: Amendments to the Stamp Tax Act that lower the stamp…
Orange Egypt, Etisalat Misr offered 20-MHz spectrum package
Orange Egypt and Etisalat Misr are competing for another 20 MHz of bandwidth on offer from the National Telecommunications Regulatory…
Nassef Sawiris is getting on the SPAC train
INVESTMENT WATCH- Nassef Sawiris is getting on the SPAC train: Bn’aire Nassef Sawiris’ special purpose acquisition company (SPAC), Avanti Acquisition…
Azimut to open subscription for new Egypt bond fund, AZ-Savings
INVESTMENT WATCH- Investors can subscribe to Italy-headquartered asset manager Azimut’s new Egypt-focused fixed income fund AZ-Savings as of next Sunday,…
Ezdehar Egypt Mid-Cap Fund plans to exit Dsquares, two other companies within 6 months
M&A WATCH- Ezdehar Egypt Mid-Cap Fund is looking to sell its stake in customer loyalty card company Dsquares within the…
PE giant Actis is pivoting towards longer-term investments, could see group break off to form new private equity firm
PRIVATE EQUITY WATCH- PE giant Actis is pivoting towards longer-term investments in assets such as real estate, energy, and infrastructure…
Lorax raises USD 142 mn from international LPs for new, USD 250 mn private equity fund; EBRD commits USD 10 mn to SPE Capital Partners fund
PRIVATE EQUITY WATCH- Lorax Capital raises USD 142 mn from international limited partners (LPs) for new USD 250 mn private…
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