ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal …
mergers and acquisitions
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FeatureIndustry & TradeMENA NewsNewsTech/AI
ADNIC acquires majority stake in Allianz Saudi Fransi for $133mn
by Nada Aliby Nada AliAbu Dhabi National Insurance Company (ADNIC) has acquired a 51 percent majority stake in Allianz Saudi Fransi …
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EGXIndustry & TradeStocksTech/AI
Saudi Egyptian Investment Company increase stake at e-finance
by Sama Mousaby Sama MousaSaudi Egyptian Investment Company raised its stake in e-finance for Digital and Financial Investments to 25.01 percent, …
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EGXIndustry & TradeStocksTech/AI
Egypt’s Dice receives acquisition offer
by Sama Mousaby Sama MousaEgypt’s Dice Sport and Casual Wear received a preliminary offer for a potential acquisition from a consortium …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s NSPO acquires 24% from three steel firms for $324mln
by Nada Aliby Nada AliThe National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay Steel …
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Egypt NewsIndustry & TradeNewsTech/AI
Egyptian economy to grow by 4% in 2022-23 FY- Minister
by Sama Mousaby Sama MousaEgypt’s economy is expected to grow by around four percent or less during the current fiscal year …
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BanksFeatureFinancial InstitutionsMoney
Egypt’s Beltone acquires 100% stake in Cash for Micro-Finance
by Yomna Yasserby Yomna YasserEgypt’s Beltone Financial Holding announced on Monday that it had signed a sales and purchase agreement (SPA) …
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Egypt NewsFeatureIndustry & TradeMENA NewsNewsTech/AI
UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company
by Yomna Yasserby Yomna YasserUAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares …
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Industry & TradeMENA NewsNewsTech/AI
Saudi TAWAL raises $1.42 bln to buy European Towers from United Group
by Nada Aliby Nada AliSaudi Arabian ICT infrastructure firm TAWAl International Holding has raised $1.42 in Islamic financing to facilitate the …