EFG Hermes net profits decline reaching EGP 359.1m in H1 2015
Investment bank’s unconsolidated financial statements show that losses have fallen by 38.8%
Latest in Tag: private equity Highlight
Latest in Tag: private equity
Beltone’s net profits down 2.8% in H1 of 2015
The company registered net profits worth EGP 10.7m in H1 of 2015, down from EGP 11m in H1 of 2014
Dell faces key shareholder vote on go-private plan
Dell shareholders are set to vote Thursday on the $24.4bn buyout plan, which would take Dell private and allow founder Michael Dell to restructure the company without the pressures of a publicly traded firm.
Egypt ‘too big to fail’: Director of Actis in Egypt
Actis is an emerging markets investor with US$5.2 billion funds under management. Through the expertise of over 120 investment professionals on the ground in twelve countries, Actis identifies investment opportunities in three areas: private equity, infrastructure and real estate. Daily News spoke to Actis’s Director in Egypt about the current business environment in Egypt, the challenges as well as the solutions to reposition Egypt as an attractive investment destination.
PEI300: Citadel Capital retain stop-position in Africa
Citadel Capital’s website reported in June that the firm has $9.5 billion invested in 15 different industries across 15 countries.
PE firm Amwal Alkhaleej eyes Saudi exit, targets Egypt
By Dinesh Nair / Reuters DUBAI: Saudi private equity firm Amwal Alkhaleej will exit at least one investment in the kingdom this year through an initial public offering, and is in advanced talks for a minority stake in an Egyptian firm, the firm’s chief executive said on Wednesday. The Riyadh-based firm will offload a portion …
PE firm Abraaj set for more deals, eyes India
By Sitaraman Shankar and Dinesh Nair / Reuters DUBAI: Abraaj Capital, the Middle East’s largest private equity firm, is set to unveil more deal-making soon and plans a major push into India. “In the next couple of months, we will call you guys again and again because we have a robust pipeline that is reaching completion,” …