• Tuesday, 15 January 2019

    EFG Hermes-Citi consortium snags advisory role in ACCH share sale

    EFG Hermes-Citi consortium to run ACCH stake sale: A consortium formed by EFG Hermes and Citi has reportedly won the mandate to run the sale of an additional stake of Alexandria Container and Cargo Handling as part of the state...
  • Monday, 14 January 2019

    FRA grants SODIC grace period to submit MTO for MNHD acquisition

    M&A WATCH- FRA grants SODIC 60-day grace period to submit MTO for MNHD acquisition: The Financial Regulatory Authority (FRA) has approved upmarket real estate developer SODIC’s request for a 60-day grace period to submit its mandatory tender offer to acquire...
  • Monday, 14 January 2019

    CI Capital plans to launch mortgage financing unit by early 2Q2019

    CI Capital plans to launch mortgage financing arm by early 2Q2019: CI Capital has submitted a request to the Financial Regulatory Authority for a mortgage financing license, Co-CEO Hazem Badran said in an interview on the sidelines of the CI...
  • Monday, 14 January 2019

    FinMin heads east ahead of Egypt’s bond issuances

    Maait heads to Asia to pave the way for bond issuances: Finance Minister Mohamed Maait will begin a trip today that will see him visit Japan, South Korea, Hong Kong and China to discuss bond issuances. The government is now...
  • Sunday, 25 November 2018

    Giza Systems to list 35% of shares next year as it looks to Africa expansion

    IPO WATCH- Giza Systems to list 35% of shares next year as it looks to Africa expansion: B Investments portfolio company Giza Systems is planning to list 35% of its shares on the EGX at the end of 2019, an...
  • Sunday, 4 November 2018

    CI Capital reports net profit of EGP 304.7 mn

    EARNINGS WATCH- CI Capital reported a net profit after tax and minority interest of EGP 304.7 mn in 9M2018, up 128% y-o-y, in a statement on Thursday (pdf). Total revenues for 9M2018 were up 51% y-o-y to EGP 1.8 bn.Oriental...
  • Sunday, 4 November 2018

    EFG Hermes tops brokerage league table for October

    EFG Hermes topped the EGX’s brokerage league table for October with a market share of 20.4%, according to figures released by the EGX (pdf). Beltone Financial came in second this month with a 17.2% market share, followed by CI Capital...
  • Sunday, 4 November 2018

    CI Capital reports net profit of EGP 304.7 mn

    EARNINGS WATCH- CI Capital reported a net profit after tax and minority interest of EGP 304.7 mn in 9M2018, up 128% y-o-y, in a statement on Thursday (pdf). Total revenues for 9M2018 were up 51% y-o-y to EGP 1.8 bn.Oriental...
  • Sunday, 4 November 2018

    EFG Hermes tops brokerage league table for October

    EFG Hermes topped the EGX’s brokerage league table for October with a market share of 20.4%, according to figures released by the EGX (pdf). Beltone Financial came in second this month with a 17.2% market share, followed by CI Capital...

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