NUCA Concludes EGP 4 bn Securitization Transaction

Egypt’s New Urban Communities Authority (NUCA) has concluded a securitization bond issue worth EGP 4 bn to finance a number of its underway megaprojects cross-country

Orascom Investment Sees Higher Losses in H1

Egypt-based Orascom Investment Holding (OIH) incurred higher net losses of EGP 153.3 mn in the first half of 2019, compared to EGP 141.2 mn recorded during the prior-year period.

OIH Completes 30% Acquisition of Sarwa Capital

Egypt-based Orascom Investment Holding (OIH) has announced acquiring 30% (or about 216 mn shares) of structured- and consumer-finance player Sarwa Capital

Egypt’s Orascom Investment Seeks to Acquire 30% of Sarwa Capital

Egypt-based Orascom Investment Holding, formerly Orascom Telecom Media and Technology Holding (OTMT), said it is looking to acquire 30% of Sarwa Capital’s shares in November, particularly due to the deal's attract ...

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