OIH bids to acquire 216m shares of Sarwa Capital at EGP 7.36 per share
Deal to be self-financed, comes within Orascom’s strategy to expand in non-banking financial sector, says Mahdy
Mahmoud El-Qassas
27 Articles
Latest by Mahmoud El-Qassas
Egyptian market hungry for Islamic financing tools that can guarantee success of first experience: Samy
Sukuk accounts for 24% of total debt floated in Gulf during 2017
Sarwa Capital records EGP 27.5bn in public and private offerings
2 US institutions enter market for first time, return of Arab, foreign institutions following 2011 revolution
EFG Hermes plans to implement 18 deals in 2018: executive management
Deepening presence in current markets, taking six months before studying new markets, says Ebeid
Sarwa Capital to float 40% of its capital in October
52% Net profit cagr from 2013 to 2017, Beltone manages IPO
Keeping reform momentum, revolutionising Egypt’s business climate way forward: co-founder and managing director of Qalaa Holdings
ERC to be commercially operational in 2019, plans for next phase of growth across the group
Aur Capital cooperate with Wadi Degla in EGP 2.35bn transaction
We aim to double the land portfolio three times in five years, says chairperson
Sarwa Capital to list on EGX by end-Q3
Partial exit, capital increase worth $150m; Beltone Financial serving as financial adviser, Matouk Bassiouny legal adviser
Beltone to lead acquisition bid for Orabank
Beltone Financial Holding announced on Saturday that its board approved in principle launching a bid to acquire a significant interest in African banking and financial holding company Orabank, which has 143 branches serving over 400,000 clients in 12 African countries, mostly in western and central Africa Orabank reported strong results in 2017 with net income …
Renaissance Capital targets range of sectors including healthcare, consumer, financial services: MENA CEO
Renaissance Capital, one of leading emerging and frontier markets investment bank, opened its office in Egypt last year. Ahmed Badr leads Renaissance Capital’s MENA business and oversees growth strategy in the region. Daily News Egypt interviewed him to review his valuable insights, as well as RenCap’s latest views on the economy, and its plans going …
B Investments IPO oversubscribed 54 times one hour before closure
Share price at EGP 10.78, with 19% expected return, Mubasher Trade says
Egypt’s economy will harvest reform fruits in 2018: EFG Hermes
Proposals are still small, we hope for return of emerging market funds this year, says Ebeid We will manage three proposals in Egypt; industry, consumption most attractive for mergers, acquisitions, says Gad Corporate profits grew 70% last year, Egyptian stock prices most attractive for investors, says Shams We study opportunities in regional energy sector; Egypt …
Beltone to manage two IPOs in consumer, industrial sectors this year
Reducing government contributions to public companies listed on EGX will push it strongly
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Banque du Caire to be put up in Q4 2018: EFG-Hermes executive management
Putting up Unionaire will be biggest offering since 2015
Pharos Holding seeks turning into regional investment bank in Dubai
The activation of micro-finance licences will be in Q1 2018
Hermes leads quarterly ranking of brokerage firms
Naeem Brokerage, Mubasher International, and Arabeya Online Securities return to top-10 list in March
MM Group submits IPO request to EGX to float 30% of its capital
IPO procedures to begin after EGX approval this week with a maximum price of EGP 6.06 per share, says El Hossary
FEP Capital intends to inject EGP 250m investments
Managed assets registered EGP 20m at the end of 2016, says Al-Shaheen
Obour Land executives discuss inflation, production with Al Borsa
Company opens two factories on area of 10,000sqm during H1 2017
Accelerating issuing of laws will help improve business environment, attract investments
We should think about integrating incorporating entities before preparing the public offerings programme to increase efficiency
MM Group inaugurates Belarusian assembly line
The company awaits EFSA approval on fair value this week
ADES to register in London Stock Exchange, Hermes possible IPO manager
Baker McKenzie and White & Case are legal advisers
Orascom Telecom sells MENA Submarine Cable Systems to Bharti Airtel
The deal is part of Orascom’s exit strategy from non-core investments
Amendments to draft financial leasing law enables leasing of assets for consumption purposes
The law will be submitted to the cabinet within days, said Sami
EFSA made legislative amendments to attract major companies to insurance, financial leasing sectors: chairperson
The offering of public companies and the IMF loan are just tools, and their success does not mean that we are on the right path, says Samy
Foreign investors must regain trust in business environment if they are to return: EGX chairperson
Facing potential risks from reform decisions is better than remaining in the abyss, says Omran
Capital markets worldwide still reeling from effects of 2008 crisis: CFA head
Increased listing of government companies in EGX and introduction of new kinds of investment funds contributed to the development of Egypt’s capital market, says Paul Smith