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 AMLecico 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 PMJuhayna 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, 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
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
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 (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
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
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
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
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
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 AMThe 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
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 AMBahrani 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