SPEED ROUND Archives

Egypt’s Banque Misr sells 2% stake in Saudi’s Samba

M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia’s Samba Financial Group for USD 370 mn, Vice…

** #3 M&A WATCH- Sawiris’ Orascom Investment wants at least 25% of Sarwa Capital: Orascom Investment Holding (OIH)is looking to…

** #1 More good news: Egypt is among the most-improved countries in the World Bank’s latest Ease of Doing Business…

MOVES- Mustafa Mousa (not to be confused with the former presidential candidate) has been made partner at Bahaa-Eldin Law Office…

LEGISLATION WATCH- Foreign embassies to be subject to reciprocal tax treatment on real estate tax: When it comes to paying…

REGULATION WATCH- FRA signs off on same-day trading for category B of securities eligible for ‘special activities’: The Financial Regulatory…

EARNINGS WATCH- Edita Food Industries recorded a net profit of EGP 89.4 mn in 3Q2018, up 34.1% y-o-y, up from…

** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD)…

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