Featured Egypt’s GAFI updates financial evaluation framework Aya Anwar Dec 8, 2025 0 Egypt’s General Authority for Investment and Free Zones (GAFI) has completed the work of its technical committee…
Featured Egypt’s FRA issues 1st standards for valuing intangible assets Aya Anwar Aug 6, 2025 0 Egypt’s Financial Regulatory Authority (FRA) has issued Decision No. 136 of 2025 introducing the country’s…
Egypt News Schneider Electric to acquire full stake in Indian JV Nada Ali Jul 30, 2025 0 French electrical equipment manufacturer Schneider Electric announced on Wednesday that it has reached an agreement…
Featured Nippon steel shares surge after Trump approves US deal Nada Ali Jun 16, 2025 0 Nippon Steel shares surged on Monday as US President Donald Trump approved its $14.9 billion bid for US Steel.
Featured Toyota launches $26bn bid to privatise key group unit Nada Ali Jun 3, 2025 0 Toyota will acquire a group supplier in a $26 billion deal, marking a significant move for Japan's leading…
Featured China creates $230b brokerage giant through merger Yomna Yasser Sep 5, 2024 0 China is consolidating its brokerage industry by merging two of its largest state-backed firms, Guotai Junan…
Africa News Qatar Airways acquires 25% stake in S.Africa’s Airlink Yomna Yasser Aug 20, 2024 0 Qatar Airways Group announced on Tuesday the acquisition of a 25 per cent stake in Airlink, Southern Africa’s major…
International News China M&A plunges 45% in H1 ’24 Nada Ali Jul 30, 2024 0 Chinese companies saw a 45 per cent decrease in the value of mergers and acquisitions (M&A) in the first half…
International News US Equinix expands Philippine footprint with 3 data centre deal Nada Ali Jul 23, 2024 0 The US-based company Equinix has announced on Tuesday the acquisition of three data centres in the Philippines from…
International News Alibaba plans to acquire Cainiao’s remaining 36% stake for $3.7b Nada Ali Mar 26, 2024 0 Alibaba Group announced on Tuesday that it plans to acquire the remaining 36 per cent stake in Cainiao for up to…
Featured Swiss Lonza agrees to acquire Roche for $1.2b Nada Ali Mar 20, 2024 0 Lonza, a Swiss contract drug manufacturer, has agreed to acquire the Genentech manufacturing facility in Vacaville,…
Banks UBS bank plans to explore US deals Nada Ali Mar 17, 2024 0 Swiss banking giant UBS is planning to explore merger and acquisition opportunities in the United States in the…
Money Nationwide offers to acquire Virgin Money UK in £2.9b deal Nada Ali Mar 7, 2024 0 The UK's largest building society Nationwide, has a history of successful acquisitions, has agreed to buy Virgin…
Egypt News Kuwaiti Finance House offers to acquire United Bank of Egypt Nada Ali Feb 29, 2024 0 Kuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation of…
International News China’s CDH plans to purchase $1.7b stakes in Mobile World Nada Ali Feb 28, 2024 0 China's CDH Investments is in advanced negotiations to purchase a minority stake in Bach Hoa Xanh (BHX) from…
News US Alcoa to buy Aussie Alumina for $2.2b Nada Ali Feb 26, 2024 0 US aluminium producer Alcoa has proposed a $2.2 billion all-stock buyout of its Australian joint venture partner…
Tech/AI Broadcom to strike $4b-deal with KKR Nada Ali Feb 25, 2024 0 KKR & Co. is close to finalising a $4 billion deal to acquire a software business from Broadcom Inc., Bloomberg…
International News Walmart to acquire Vizio for $2.3 bln Nada Ali Feb 20, 2024 0 Walmart plans to acquire smart-TV maker Vizio for $2.3 billion, or $11.50 per share in cash, effecting its shares…
Featured Egypt’s M&A activity surges 32% in H2: Baker McKenzie Yomna Yasser Feb 20, 2024 0 Egypt’s mergers and acquisitions (M&A) activity have surged by 32 per cent during the second half of 2023,…
Money Japan’s Renesas to acquire Altium for $5.9 bln Nada Ali Feb 15, 2024 0 Japan’s Renesas Electronics Corporation announced on Thursday that it will acquire ASX-listed Altium Limited for…
News Al Tamimi & Company names new corporate commercial partner in Egypt Amwal Al Ghad English Jan 24, 2024 0 Law firm, Al Tamimi & Company announced on Wednesday the appointment of Amr Namek as its new corporate…
Featured Sony terminates $10 bln Zee India merger Sama Mousa Jan 22, 2024 0 Japan’s Sony Group said on Monday it has terminated the Zee Entertainment merger worth $10 billion, due to an…
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…
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.
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 ExxonMobil agrees to buy Pioneer in $59.5bln deal Sama Mousa Oct 11, 2023 0 ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Tech/AI GFH Partners acquires $150mln logistics portfolio in Saudi Arabia, UAE Nada Ali Oct 8, 2023 0 GFH Partners announced on Saturday that it has completed the acquisition of a $150 million diversified and…
News ADNIC acquires majority stake in Allianz Saudi Fransi for $133mn Nada Ali Oct 4, 2023 0 Abu Dhabi National Insurance Company (ADNIC) has acquired a 51 percent majority stake in Allianz Saudi Fransi…
Stocks Saudi Egyptian Investment Company increase stake at e-finance Sama Mousa Sep 20, 2023 0 Saudi Egyptian Investment Company raised its stake in e-finance for Digital and Financial Investments to 25.01…
Tech/AI Egypt’s Dice receives acquisition offer Sama Mousa Sep 20, 2023 0 Egypt's Dice Sport and Casual Wear received a preliminary offer for a potential acquisition from a consortium on…
Tech/AI Egypt’s NSPO acquires 24% from three steel firms for $324mln Nada Ali Sep 12, 2023 0 The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay…
News Egyptian economy to grow by 4% in 2022-23 FY- Minister Sama Mousa Sep 10, 2023 0 Egypt's economy is expected to grow by around four percent or less during the current fiscal year (FY) 2022-2023,…
Money Egypt’s Beltone acquires 100% stake in Cash for Micro-Finance Yomna Yasser Sep 4, 2023 0 Egypt’s Beltone Financial Holding announced on Monday that it had signed a sales and purchase agreement (SPA) to…
Featured UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company Yomna Yasser Sep 3, 2023 0 UAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares in…
Tech/AI Saudi TAWAL raises $1.42 bln to buy European Towers from United Group Nada Ali Aug 29, 2023 0 Saudi Arabian ICT infrastructure firm TAWAl International Holding has raised $1.42 in Islamic financing to…
Tech/AI UAE’s PureHealth acquires UK’s Circle Health Group for $1.2 bn Nada Ali Aug 29, 2023 0 UAE healthcare firm PureHealth has made its first foray into the United Kingdom following an agreement on Monday to…