}

FRA extends AGL’s EGYTRANS tender offer deadline to December 21

The Financial Regulatory Authority (FRA) has granted Africa Global Logistics (AGL) an additional 60 working days to submit a mandatory tender offer (MTO) for shares in the Egyptian Transport and Commercial Services Company (EGYTRANS), as per a disclosure.

Do you expect mergers and acquisitions (M&A) to take place in Egypt’s banking sector during H2 2026?