• Tuesday, 1 February 2022

    Meet our analyst of the week: CI Capital’s Salma Gemiei

    OUR ANALYST OF THE WEEK- Salma Gemiei, investment banking analyst at CI Capital (LinkedIn).My name is Salma Gemiei and I’m an investment banking analyst at CI Capital. I studied actuarial science at AUC because I was always into numbers, business,...
  • Wednesday, 26 January 2022

    State Department nods to USD 2.5 bn arms sale to Egypt

    US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn) on American fighter jets and radar systems after the State Department yesterday (statements: here and here) green-lit the sale. The...
  • Monday, 3 January 2022

    Corplease closes EGP 2.4 bn securitized bond issuance

    CI Capital’s leasing arm Corplease has closed a four-tranche EGP 2.4 bn securitized bond issuance, investment bank Misr Capital said in a statement (pdf). The four tranches were rated AA+, AA, AA- and BBB by MERIS.Who took part? Banque Misr,...
  • Wednesday, 29 December 2021

    A solid year for M&A

    It wasn’t “The Year of M&A,” but there was plenty of action and drama. After two years of y-o-y growth in the number of M&As announced and concluded, 2021 saw a drop in numbers and values of tie-ups compared to...
  • Monday, 27 December 2021

    MCI Capital now owns 23% of Cleopatra Hospitals

    MCI Capital has acquired a 23% stake in Cleopatra Hospitals: MCI Capital Healthcare Partners, a subsidiary of state-owned financial services company CI Capital, has acquired around 23%, or 367.8 mn shares, of Cleopatra Hospitals Group (CHG), according to a Bloomberg...
  • Monday, 20 December 2021

    Cleopatra board greenlights CI Capital’s bid

    CHG gives the nod to CI Capital’s acquisition bid: Cleopatra Hospital Group’s (CHG) board of directors has approved a bid from CI Capital to acquire up to 26.2% of the company, according to an EGX filing. MCI Capital Healthcare Partners,...
  • Sunday, 19 December 2021

    THIS EVENING: CHG approves CI Capital’s offer price + brace yourself for bad weather tonight + ALSO: What have Egyptians been Googling in 2021?

    Signs that many of you have started hibernating: A slow news day both domestically and abroad, along with the significant influx of automatic replies leads us to indicate that many of you have begun your winter breaks. Want us to...
  • Monday, 13 December 2021

    EGX sets timeline for CI Capital’s bid on Cleopatra shares

    Subscription for CI Capital’s bid for a chunk of Cleopatra Hospitals kicks off today: Cleopatra Hospital Group shareholders have until Sunday, 26 December to subscribe to CI Capital’s voluntary tender offer (VTO), which it launched last week to acquire 26.2%...
  • Monday, 13 December 2021

    THIS MORNING: Subscription begins for CI Capital’s CHG acquisition + your next iOS update promises to be interesting

    Good morning, wonderful people, and welcome to a Monday that’s best described as “brisk” on the news front: There’s lots happening, but nothing terribly challenging to get your head around.If you read nothing else this morning: Make it Last Night’s...

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