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HSBC Dubai Buys At Least 5% of EFG-Hermes: EGX
HSBC Middle East Dubia has acquired a stake of at least 5% in EFG Hermes (HRHO.CA), the Middle East's biggest…
EFG-Hermes: QInvest Deal To Come Into Effect In Mid-August
EFG-Hermes Sources told Amwal Al Ghad that the QInvest deal to seize 60% of the Group stakes will go ahead within…
El Sewedy To Invest 350 Mln In Niger’s Power Project
Egypt’s El Sewedy Electric Co. (SWDY.CA) has revealed plans to enter Niger’s market by investing about $350 million…
Planet Secured Less Than 2.5% of EFG Main Shareholders: Official
An attempt by a group of Egyptian and Arab Gulf investors to buy the Middle East's biggest home-grown investment…
Planet’s Buyout Deal Is Just A ‘Hoax’, Propaganda
The Egyptian market witnessed a series of heated arguments broke out between EFG-Hermes Holding (HRHO.CA) and…
Naeem To Run Takeover Deals Worth $150 Mln This Year: CEO
Youssef Medhat El Far, Naeem Holding Managing Director, said the company will be running some acquisition deals in…
Planet Not To Go On Hermes Buyout Deal: CEO
Planet IB has closed EFG-Hermes (HRHO.CA) acquisition file after Egyptian Financial Supervisory Authority (EFSA)…
OTMT Eyes Telecom Assets In Libya, Syria, Yemen: Bichara
Khalid Bichara, the outgoing CEO of Orascom Telecom Media & Technology Holding (OTMT.CA) said that the telco…
ASEC In Talks Over $20 Mln Loan From Citadel Capital
ASEC Company for Mining - Ascom - (ASCM.CA) BOD decided to conduct talks with Citadel Capital (CCAP.CA) and one of…
Orascom Development Selects Architects For $1.4 Bln Montenegro Resort
The US-based SB Architects group has been selected by Swiss developer Orascom Development Holding (AG) - (ODHN.CA)…
