Egypt

UK-based pharmaceutical giant GlaxoSmithKline (GSK) has continued its EM expansion plan with the US$210mn acquisition of Bristol-Myers Squibb's Egyptian mature products businesses.... 2008-10-15

It's not only Saudi Arabia's real estate sector that is attracting attention, Egypt's EFG-Hermes announced on September 16 that it bought a stake in the UAE's Gulf Housing Solutions... 2008-09-17

The sale of a 67% stake of Egypt's third-largest bank was cancelled on June 25. Banque du Caire Chairman Mohamed Barakat said 'the bids we received were below the valuation of the... 2008-06-26

Kuwait's Global Investment House (GIH) announced on June 17 that it plans to list its private equity fund Global MENA Financial Assets on the London stock exchange. GIH plans to... 2008-06-19

There are signs that Central Bank of Egypt (CBE) may be privatising United Bank. The American Chamber of Commerce in Egypt has said that the managing director of the bank, Tarek Helmy,... 2008-04-08

On March 6 Egypt's central bank announced that it had authorized five banks to conduct due diligence on state-owned bank, Banque du Caire, in preparation for the bank's privatisation.... 2008-03-13

An Egyptian buyout specialist, Citadel Capital, has hired a group of six international banks to help raise finance for the US$3bn construction of a new oil refinery in Cairo, to be... 2008-02-28

Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole... 2008-02-26