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Mid-market investment firm RMBV said to buy Spinneys Egypt for EGP 2.5 bn
RMBV has investments in Cleopatra Hospitals Group and Taaleem
Spinneys share jump on market debut
Spinneys’ shares rose up to 11% on its trading debut on the Dubai Financial Market (DFM) on Thursday, before settling…
Spinneys’ IPO subscription attracts 71 bn in orders
The company set its final IPO price at the top of its initial price range at AED 1.53 per share
My Morning Routine: Mohanad Adly, CEO of Spinneys Egypt
The Spinneys CEO walks us through his day-to-day life and how he runs one of the country’s most prominent supermarket…
Spinneys Egypt opens EGP 50 mn supermarket in Obour
The retailer plans to enter two more governorates with seven new branches by June 2024
Lumi shares rise 30% on Saudi stock market debut
The IPO was almost 95x oversubscribed
Spinneys to open 12 new branches by mid-2024
The supermarket chain will spend EGP 450 mn on the expansion