Agriculture Minister discusses boosting agricultural cooperation with Romania, Moldova    Egypt's PM orders 60,000 new homes for Alexandria's unsafe buildings    Crystal Martin to build large-scale textile, apparel factory in Egypt    Egypt urges EU support for Gaza ceasefire, reconstruction at Brussels talks    Escalation in Gaza as Israeli airstrikes intensify, ceasefire talks stagnate    Egypt to launch EGTAP.com online platform to train tourism workforce: minister    Singapore's economy grows in Q2 '25    Gold prices dip slightly on Monday trading    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    EU prepared to retaliate with €21b tariff package – Italy's FM    Health Ministry denies claims of meningitis-related deaths among siblings    Egypt's Health Min. discusses drug localisation with Sandoz    Egypt, Mexico discuss environmental cooperation, combating desertification    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Egypt's EDA, Haleon discuss local market support    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Islam salah
Baker McKenzie: Egypt M&A deal values quadruple 394% in H1
Merger and acquisition (M&A) transactions in Egypt has almost quadrupled during the first half of 2021 with 111 deals with value exceeding $4 billion, according to the latest report by global law firm Baker McKenzie. This is compared to only 74 M&A (...)

13 - 09 - 2021
Egypt's EFG Hermes Q2 revenues climbs 20% y-o-y
Egypt's EFG Hermes reported on Wednesday a 20 percent year-on-year growth in revenues for the second quarter of the year to 1.6 billion Egyptian pounds ($101.8 million). The group attributed the growth to an outstanding performance from the EFG's (...)

18 - 08 - 2021
Egypt's SOLID Capital to launch $250 million fund before year-end
Cairo-based investment firm SOLID Capital, member of Dutch venture capital firm Solid Capital Group, plans to launch a new equity fund before the end of this year, with an initial capital of $250 million. The fund will finance projects and (...)

02 - 08 - 2021
Egypt sees first offering of green bonds worth $100 mln on Wednesday
Egypt expects to offer its first green bonds by a private company on Wednesday, said head of Egypt's Financial Regulation Authority (FRA) on Tuesday. The offering of the green bonds will take place with value of $100 million, FRA chairman Mohamed (...)

29 - 06 - 2021
Egypt's Al Tamimi & Co named legal advisor for Compass Capital-Alexandria National Company deal
Corporate law firm, Al Tamimi & Company announced on Monday that it had been mandated as legal advisor in Compass Capital's potential acquisition of 100 percent stake of Alexandria National Company for Financial Investment (ANFI). On June 20, (...)

28 - 06 - 2021
Egypt to resume IPOs of state-run firms starting October – sources
Egypt's government plans to resume its programme to sell stakes in state-run firms by the beginning of next October, with IPOs of two firms expected to be on offer, sources with knowledge told Amwal Al Ghad on Sunday. Authorities in Egypt had (...)

06 - 06 - 2021
EFG Hermes completes advisory on Bank Audi Egypt's sale to First Abu Dhabi Bank
Egyptian investment bank EFG Hermes announced on Wednesday that it had completed advisory to Bank Audi on its sale of 100 percent of the share capital of its Egyptian subsidiary to First Abu Dhabi Bank (FAB). EFG acted as sole financial advisor to (...)

06 - 05 - 2021
Raya officially signs anEGP490.7 mln agreement to sell BariQ to Intro Group
Raya Holding signed an agreement worth 490.7 million Egyptian pounds ($31.3 million) with Mamdouh Abbas' Intro Group to sell its 100 percent shares of its subsidiary BariQ. In December 2020, BariQ, recycled plastic producer, announced its intention (...)

04 - 05 - 2021
SODIC will soon announce an international financial advisor for Aldar acquisition bid
Sixth of October Development and Investment Company (SODIC) will soon announce its selection of the international investment bank that will act as financial advisor along with EFG Hermes to in Aldar Properties' bid to acquire 51 percent of its (...)

21 - 04 - 2021
Baker McKenzie named legal advisor in IFC- Pasabahce Egypt financing deal
Helmy, Hamza & Partners, Baker McKenzie office in Egypt, announced on Wednesday that it had been mandated as legal advisor in the International Finance Corporation's (IFC) deal to provide financing for glassware manufacturer Pasabahce (...)

03 - 03 - 2021
Tender offer of Banque Misr for CI Capital starts today
Egypt's stock exchange (EGX) announced on Sunday the start of the tender offer of Banque Misr for for buying a controlling stake in the share capital of CI Capital Holding for Financial Investments. The tender offer is taking effect throughout (...)

14 - 02 - 2021
Egypt's FRA approves Banque Misr's tender offer for CI Capital
The Egyptian Financial Regulatory Authority (FRA) said it has approved Banque Misr request to acquire a controlling stake in CI Capital Holding For Financial Investments. Banque Misr submitted an offer to acquire up to 652,800 shares in CI Capital (...)

11 - 02 - 2021
CI Capital raises its assessment of TMG's shares on Capital Gardens project
Egyptian investment bank CI Capital raises its assessment for the target price (TP) of Talaat Moustafa Group Holding (TMG Holding) by 50 percent as the latter plans to build a new residential project in the Capital Gardens . CI capital raises its (...)

10 - 02 - 2021
Egypt's Zulficar & Partners mandated as legal advisor for Banque Misr-CI Capital deal
Zulficar & Partners Law Firm has been mandated as legal advisor in Banque Misr's potential acquisition of the share capital of CI Capital Holding for Financial Investments, its founding partner Anwar Zeidan said on Monday. Zeidan did not disclose (...)

08 - 02 - 2021
GlaxoSmithKline in talks with Hikma to sell Egypt stake, rules out talks with Rameda
GlaxoSmithKline will focus its efforts and resources on discussing the sale of its stake in Egypt with Hikma Pharmaceuticals, said GlaxoSmithKline Egypt (GSK Egypt) in a bourse filling on Monday. The company added that it was not in a position to (...)

08 - 02 - 2021
Baker McKenzie wins four deal awards in Egypt, Saudi Arabia
Global law firm Baker McKenzie started the new year winning four deal awards at the Islamic Finance News (IFN) Awards 2020. The IFN Awards are the most respected Islamic finance legal accolades that recognize the best legal firms with Islamic (...)

04 - 02 - 2021
Corp-Solutions partners with valU to provide immediate finance access to merchants
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today the launch of a new program between its NBFI subsidiaries valU, a leading technology solutions provider, and EFG Hermes Corp-Solutions, the (...)

04 - 02 - 2021
NI Capital prepares the IPO of two government firms during 2021, CEO
NI Capital Holding Company, the investment arm of the National Investment Bank, aims to offer two new companies for public offering as part of the government sponsored IPO program before the end of the first quarter, Mohamed Metwally, CEO and (...)

25 - 01 - 2021
Securitised bonds issuance records EGP24.1bln during 2020 increasing 9 %, Omran
The value of securitisation bonds issuance was recorded at 24.1bn in 2020 Egyptian pounds, compared to 22.1billion pounds in 2019, Mohamed Omran, Chairperson of the Financial Regulatory Authority (FRA). Omran's remarks came during an online (...)

20 - 01 - 2021
Egypt provides micro-sized projects with EGP18.7bln finances by 2020 end
The volume of finances allocated for micro-sized projects has reached 18.7 billion Egyptian pounds by the end of 2020; up 13.3 percent when compared to the earlier year, according to the Financial Regulatory Authority Chairman. Some 3.2 million (...)

20 - 01 - 2021
Speed Medical first company to jump from Egypt's SME exchange to EGX
Speed Medical Co (SPMD) will be on Sunday the first company to make a jump transition from trading its shares on Egypt's small and medium-size enterprises stock exchange (NILEX) to join the Egyptian Exchange (EGX). The EGX's registration committee (...)

05 - 12 - 2020
Egypt's Prime Holding to IPO fintech unit within two years – CEO
Egyptian investment bank, Prime Holding aims for an initial public offering (IPO) of its fintech unit within two years, chief executive Mohamed Maher said on Tuesday. Maher said in a press conference in Cairo that the newly-launched unit, Prime (...)

18 - 11 - 2020
EGX indices decline 4.3 % during October
The Egyptian Exchange (EGX) declined during the month of October on the back of selling pressures by foreign investors. The benchmark index EGX30 lost 4.31 percent in October, to finish the month at 10,515 points, while the EGX70 EWI declined by (...)

31 - 10 - 2020
Azimut Egypt's fixed income fund raised EGP295.3, oversubscribed by six times
Azimut Egypt announced its first local fixed income fund was successfully oversubscribed by almost six times. Azimut's first local investment fund in Egypt raised 295.3 million Egyptian pounds after nine working days of subscription, making the (...)

27 - 10 - 2020
Italy-based Azimut to launch its new Egypt-focused fixed income fund
Investors can subscribe to Italy-headquartered asset manager Azimut's new Egypt-focused fixed income fund AZ-Savings as of next Sunday, 11 October, Azimut Managing Director Ahmed Aboul Saad said, according to Amwal Al Ghad. Azimut tapped state-owned (...)

04 - 10 - 2020
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