COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Acquisitions 2021

Raya Holding sells off BariQ Technologies

According to statement to the Egyptian Exchange, Raya Holding has signed a contract with Intro Waste Management to sell 100 percent of its stake in BariQ

Bank Audi begins 100% share transfer to FAB, full integration by 2022

Following share transfer completion, this acquisition will make FAB one of Egypt’s largest foreign banks by assets

Real Estate Moves: SODIC hires financial advisors for Aldar acquisition offer

The consortium of investors led by Aldar Properties have submitted a potential cash acquisition for no less than a 51 percent stake of SOCDIC

Hermes to acquire 76% of aiBANK, aiBANK’s FV estimated as LE1.1B

With the deal, EFG Hermes will own 51 percent of the bank, while the Sovereign Fund of Egypt will hold a 25 percent interest

ArabyAds acquires influencer platform Dmenta

Founded in 2013 in Egypt, ArabyAds now holds offices in Cairo and Amman and plans to expand to Saudi Arabia