Egyptian business tycoon Naguib Sawiris has commended Sunday the government’s decision to raise fuel and electricity prices. …
Naguib Sawiris
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Industry & Trade
Egypt’s Beltone/Sawiris say no change to EFG-Hermes offer
by Yomna Yasserby Yomna YasserEgypt’s Beltone Financial and billionaire Naguib Sawiris announced on Sunday they would not change their offer to …
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EGX
Egypt Stocks Lose EGP6.8bn in Week on Austerity Concerns, Journalists’ Verdict
by Yomna Yasserby Yomna YasserIn a week filled with investors’ woes over potential austerity measures, Egypt’s stocks incurred losses amounting to …
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EFG-Hermes stated on Saturday an independent adviser had set its fair share price at 22.93 Egyptian pounds …
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Egypt’s stock exchange (EGX) announced that the voluntary tender offer by businessmen Naguib Sawiris and Beltone Financial …
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In a week which witnessed the formation of Egypt’s new government alongside the regulatory approval on Sawiris-Beltone …
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Egypt’s stocks ended this week lower with losses amounting to 3.3 billion Egyptian pounds as foreign investors …
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EGX
Beltone offers to be acquired by EFG-Hermes if bid completed successfully
by Yomna Yasserby Yomna YasserThe voluntary tender offered submitted by a consortium of business tycoon Naguib Sawiris and Beltone Financial Holding …
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EGX
Egypt Stocks End 3-Day Losing Streak, Surge on Beltone-Sawiris Deal
by Yomna Yasserby Yomna YasserEgypt’s stocks ended higher on Wednesday with gains totalling 1.8 billion Egyptian pounds powered by the regulatory …
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EGX
EFG-Hermes hires HC as Independent Financial Adviser to Look at Tender Offer
by Yomna Yasserby Yomna YasserEgypt’s EFG-Hermes announced that it hired HC Securities & Investment as an independent financial adviser (IFA) to …