• Sunday, 3 July 2022

    EFG Hermes again tops the EGX brokerage league table in June

    EFG Hermes once again topped the EGX’s brokerage league table in June, with a market share of 24.9%, according to figures from the EGX (pdf). Rounding out the top five were Arabeya Online Securities Brokerage (6.8%), CI Capital (6.0%), Naeem...
  • Sunday, 3 January 2021

    A spate of M&As to end the year

    Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in Alexandria Medical in a AED 64 mn (EGP 275 mn) transaction, Hapi Journal reported. The acquisition is part of a settlement owed to the bank by Emirati healthcare company...
  • Thursday, 19 November 2020

    NI Capital acquires Bank Audi’s Arabeya Online brokerage

    M&A WATCH- State owned investment bank NI Capital has signed an agreement to acquire Bank Audi’s Arabeya Online brokerage, Planning Minister and National Investment Bank Chairman Hala El Said announced in a statement yesterday. The bank has completed due diligence...
  • Tuesday, 7 July 2020

    NI Capital in talks with Bank Audi for acquisition of Arabeya Online brokerage

    M&A WATCH- NI Capital eyes Arabeya Online acquisition: State-owned investment bank NI Capital is in talks with Bank Audi to acquire its online brokerage arm, Arabeya Online, and is currently doing due diligence, Al Mal reports, citing unnamed sources. NI...
  • Monday, 17 February 2020

    Bank Audi is looking to offload Arabeya Online

    M&A WATCH- Bank Audi is looking to offload the entirety of its 100% stake in online brokerage firm Arabeya Online and has already received offers of interest from a number of would-be buyers, Al Mal reports, citing sources close to...

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