• Sunday, 28 March 2021

    Taaleem appears to bump up guidance on price range for IPO

    Taaleem Management Services will sell its shares at up to EGP 6.20 apiece in an initial public offering on the EGX after receiving Financial Regulatory Authority approval (pdf) on Thursday, the company said in a statement to the EGX (pdf)....
  • Sunday, 28 March 2021

    Taaleem prices IPO above guidance

    Taaleem Management Services will sell its shares at EGP 6.20 apiece in an initial public offering on the EGX after receiving Financial Regulatory Authority approval (pdf) on Thursday, the company said in a statement to the EGX (pdf). The company...
  • Thursday, 24 December 2020

    Also on our radar on 24 December 2020

    The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn loan to Al Dau al Haram for Hotels Operations to develop the Hyatt Regency hotel that will overlook the Giza Pyramids, it said in a statement...
  • Sunday, 22 November 2020

    Matouk Bassiouny & Hennawy to advise on ODH’s sale of Orascom Housing Communities

    APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of its stake in Orascom Housing Communities, Al Shorouk reports, citing unnamed sources familiar with the matter. ODH announced last week...
  • Thursday, 15 October 2020

    Matouk Bassiouny & Hennawy win IFLR’s Egyptian law firm of the year

    KUDOS- Our friends at Matouk Bassiouny & Hennawy won the International Financial Law Review’s 2020 Egyptian law firm of the year award for “continuing to innovate in its business approach … [which] helped drive the Matouk Bassiouny brand into new...
  • Sunday, 20 September 2020

    US-based oilfield service provider NESR acquires Egypt’s SAPESCO for USD 21 mn

    M&A WATCH- Texas-based National Energy Services enters Egyptian market with USD 21 mn purchase of Egypt’s SAPESCO: US-based MENA and Asia Pacific oilfield service provider National Energy Services Reunited (NESR) closed last week its USD 21 mn acquisition of Egypt’s...
  • Wednesday, 14 August 2019

    Matouk Bassiouny & Hennawy advise Match Group on Harmonica acquisition

    Matouk Bassiouny & Hennawy acted as co-counsel with Latham & Watkins LLP to Match Group on its acquisition of Egyptian matchmaking app Harmonica, according to an emailed statement. The transaction is set to close by the end of the year.

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