Featured France’s FDJ to acquire Kindred for $2.8 bln Sama Mousa Jan 22, 2024 0 France’s gaming firm La Francaise des Jeux (FDJ) is set to buy Kindred Group in a deal worth $2.8 billion, Reuters…
Featured ABB buys Swiss tech company to boost industrial robots Sama Mousa Jan 11, 2024 0 ABB bought Sevensense, a Swiss start-up specialising in boosting the mobility of industrial robots, in the latest…
Featured Thomson Reuters offers $627 mln for Pagero acquisition Nada Ali Jan 11, 2024 0 Thomson Reuters Corporation announced a recommended public tender offer to acquire 100 per cent of Swedish…
Stocks Raya Holding acquires 90% of Ostool for land transport Aya Anwar Dec 13, 2023 0 Raya Holding confirmed completing a successful acquisition of a 26.69 percent stake in Ostool company for land…
Tech/AI Chevron to buy competitor Hess for $53bln Sama Mousa Oct 24, 2023 0 US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
unclassified EGX announces sales of EGP 53.7 mln stake in Egypt’s cheese maker Arab Dairy Yomna Yasser Oct 18, 2023 0 The Egyptian Exchange (EGX) announced on Wednesday the acquisition of 41.976 million shares in Egypt’s Arab Dairy…
Featured Egypt’s stock exchange announces sale of EGP 904 mln stake in Fawry Yomna Yasser Oct 18, 2023 0 Egypt’s Stock Exchange (EGX) announced on Wednesday the acquisition of 161.4 million shares in Egyptian e-payment…
Featured Three bidders jostle for stake in Egypt’s army-owned Wataniya – minister Yomna Yasser Oct 17, 2023 0 Three firms are vying to buy a stake in Egypt’s army-owned petrol stations operator Wataniya, Planning Minister…
Tech/AI Egypt’s MidFert Misr raises stake in Sheeni to over 12% Sama Mousa Oct 17, 2023 0 Egypt's MidFert Misr raised its 9.95 percent stake in General Company for Ceramic and Porcelain Products (Sheeni)…
Tech/AI Egypt becomes Saudi Arabia’s TAQA gateway for expansion in MENA Mennatullah Hamzawy Oct 11, 2023 0 Egypt became one of Industrialization and Energy Services Company( TAQA) key hubs and its gateway for expansion…