Amana Cooperative Insurance Company
Amana Cooperative Insurance Company has inked a non-binding memorandum of understanding (MoU) with Allied Cooperative Insurance Group (ACIG) to evaluate a potential merger between the two companies.
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Arab Sea Information System Company
Arab Sea Information System Company announced signing a sale and purchase agreement to fully acquire a real estate asset worth SAR 52.50 million owned by the board’s Chairman, Mohammed bin Saleh Al Suhaibani.
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Qatar Investment Authority
Qatar's sovereign wealth fund, Qatar Investment Authority (QIA), intends to negotiate to buy part of Telecom Egypt’s stake in Vodafone Egypt.
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Egyptians for Housing and Development Co
The board of directors of Egyptians for Housing and Development Co approved the merger of Emerald Real Estate Investment, Edge Development and Project Management, Emerald Development & Projects Management, Odin Investment & Development, and Odin for Investment and Real Estate Marketing into it.
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Ghabbour Auto
Ghabbour Auto (GB Auto) said the board of its 99.99%-owned subsidiary, GB Capital for Financial Investments, agreed to negotiate entering into an agreement with Chimera Abu Dhabi to indirectly sell 45% of GB Lease’s shares.
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Crédit Agricole Egypt
Crédit Agricole France has purchased 60 million shares in Crédit Agricole Egypt on 8 September 2022.
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