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El Sisi announces EGP 100 bn development project in Sinai
Grand infrastructure plans: Egypt will spend EGP 100 bn on a construction project in Sinai, President Abdel Fattah El Sisi…
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AT Lease retail offering was 28x oversubscribed
IPO WATCH- The retail offering tranche of Al Tawfeek Leasing Co. (AT Lease) shares was 28x oversubscribed for the 4.8…
Pharos to manage two M&As in 1H2018 -Heider
M&A WATCH- Pharos Holding says it has two M&A transactions in the pipeline for 1H2018, Al Masry Al Youm reports.…
Beltone sells 11.2% stake to a group of investors, OTMT sells 7%
Majority shareholder of Beltone Financial sold 11.2% of its shares to a group of investors representing financial institutions and investors…
EFG to begin factoring services in 1Q2018 -Awad
In other EFG Hermes news, the investment bank will begin offering factoring services in 1Q2018, CEO Karim Awad said, according…
IPO WATCH- Banque Du Caire will IPO in 4Q2018
IPO WATCH- Banque Du Caire will IPO in 4Q2018: The IPO of Banque Du Caire is expected to take place…
Uber defined as a transport service in the EU as it appoints a new COO
The EU’s top court issued a ruling yesterday that Uber should be “regulated like other taxi operators” as its services…
Saudi authorities continue to question, arrest individuals in corruption crackdown
The Great MBS Purge rolls on: Saudi Arabian authorities are questioning more people and freezing more bank accounts as part…
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