British multinational telecommunications company Vodacom Group has closed the acquisition of 55 percent stake in Vodafone Egypt …
mergers and acquisitions
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Industry & TradeTech/AI
Philip Morris Holland Holdings completes offer, becomes 82.59% of Swedish Match shares
Philip Morris Holland Holdings, an affiliate of Philip Morris International Inc. (PMI), a New York-based tobacco company, …
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Egypt NewsFeatureMoneyNewsReal Estate
Orascom Development Egypt approves due diligence for SODIC takeover offer of ORE
Egyptian property developer SODIC has received an approval from Orascom Development Egypt to go ahead with the …
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FeatureIndustry & TradeTech/AI
Tawasol, LimeVest acquire more than 70% of Egypt’s Alexandria Medical Services
Shareholders in Egypt’s Alexandria Medical Services (ANMC) have agreed on Tuesday to sell more than 70 percent …
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FeatureIndustry & TradeTech/AI
Expedition Investments consortium acquires 33% of Egyptian dairy firm Domty
A consortium led by Expedition Investments has acquired around 33 percent of Egyptian dairy company Arabian Food …
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BanksEgypt NewsFeatureInternational NewsMoneyNews
Crédit Agricole to buy 60 million shares in Egypt unit – Bloomberg
French bank Crédit Agricole plans to purchase 60 million shares of its unit in Egypt at 6.23 …
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FeatureIndustry & TradeTech newsTech/AI
Telecom Egypt denies official offer to sell stake in Vodafone to Qatar sovereign fund
by Yomna Yasserby Yomna YasserState-run Telecom Egypt (TE) said on Monday its management had not received any official offers from Qatar …
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FeatureIndustry & TradeTech/AI
Andersen to advise on Tawasol-LimeVest takeover offer for Alexandria Medical Services
Egypt’s Alexandria Medical Services Company, also known as Alexandria New Medical Center (ANMC), has tapped Andersen as …
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Africa NewsEgypt NewsFeatureIndustry & TradeNewsTech/AI
DP World’s Imperial Logistics mulls acquisitions to enter Egypt, Angola markets
Imperial Logistics, part of Dubai ports giant DP World, is considering new acquisitions to enter new markets …
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Financial InstitutionsMoney
GIG Insurance Egypt chooses Baker McKenzie as legal counsel to acquire AIG Egypt
GIG Insurance – Egypt has appointed Helmy, Hamza & Partners, Baker McKenzie Cairo office as its legal …