Tags Result

OCI Global, Orascom Construction pursue merger to form infrastructure, investment platform

OCI Global and Orascom Construction PLC are in talks over a possible merger that would create an infrastructure and investment platform headquartered in Abu Dhabi with international operations.

Updated 9/22/2025 8:12:00 AM
Lecico Egypt merges 3 companies to expand activities

Lecico Egypt’s extraordinary general meeting (EGM) approved the merger of three companies into its business, according to a bourse disclosure issued on June 17th.

Updated 6/17/2025 12:48:00 PM
Juhayna to merge 4 industrial subsidiaries

Juhayna Food Industries Company's (JUFO) board of directors has decided to merge four of its industrial subsidiaries.

Updated 11/24/2024 10:34:00 AM
MAGRABi Retail Group, Rivoli Vision merge to transform middle east eyewear market

MAGRABi Retail Group, the Middle East's eyewear retailer, has announced a merger with Rivoli Vision, a lifestyle retailer in the Lower Gulf.

Updated 9/26/2024 7:49:00 AM
Sidpec, Ethydco merger to finalize next month

The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) is set to be completed next month, Al Borsa News reported citing unnamed sources familiar with the matter.

Updated 9/24/2024 11:11:00 AM
Egyptian-Saudi-Emirati alliance unveils $800M industrial merger in October

A coalition of private companies from Egypt, Saudi Arabia, and the UAE has unveiled an $800 million merger in the industrial sector in October.

Updated 9/22/2024 4:31:00 AM
Lecico Egypt’s board approves merger of 3 firms

Lecico Egypt’s (LCSW) board has approved the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the company.

Updated 9/18/2024 9:38:00 AM
FRA updates M&As regulations for non-bank financial firms

The Financial Regulatory Authority’s (FRA) board has updated the regulations governing mergers and acquisitions (M&As) for firms operating within the non-bank financial sector.

Updated 9/17/2024 10:30:00 AM
Sidpec-Ethydco merger returns to financial evaluation stage

The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) has returned to the financial evaluation stage.

Updated 8/7/2024 7:51:00 AM
MaxAB, Wasoko to complete merger within weeks

The Egyptian B2B e-commerce startup MaxAB and Kenya-based e-commerce platform Wasoko are set to complete their merger within the coming weeks after finalizing the required procedures.

Updated 7/16/2024 8:28:00 AM
Egypt's MaxAB merges With Kenya’s Wasoko

MaxAB, the Egyptian B2B e-commerce startup, and Wasoko, a key player in Kenya's e-commerce scene, have joined forces, marking a significant development in the African tech landscape, according to a press release.

Updated 12/24/2023 8:02:00 AM
MOPCO’s EGM greenlights merger with ENPC

Misr Fertilizers Production Company’s (MOPCO) extraordinary general meeting (EGM) has approved its merger with the Egyptian Nitrogen Products Company (ENPC) on the basis of book value.

Updated 11/5/2023 11:35:00 AM
Egypt mulls merging Maadi for Development, El Nasr Housing

The Egyptian government is probing the merger of Maadi for Development and Construction and El Nasr Housing and Development Company, with the aim of selling a stake to a strategic investor.

Updated 7/25/2023 12:07:00 PM
Egypt’s M&A activity slowdown in H2 2022

In 2022, total deal volume and value fell marginally to 242 deals, with $8.2 billion in value, from 243 deals, with $9 billion in value in 2021.

Updated 2/19/2023 8:38:00 AM
Bank ABC finalizes legal merger with BLOM Bank Egypt

Bahrani Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt, according to a statement on January 4th. Commenting on the merger, Bank ABC Group’s Chairman Saddek Omar El Kaber said: “The completion of our legal merger is another solid step towards strengthening our presence in the Egyptian market.”

Updated 2/5/2023 9:29:00 AM