Nihal Samir

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Latest by Nihal Samir


Novo Nordisk Egypt appoints New General Manager

Novo Nordisk, the leading global health care company, announced the appointment of Hassan Fahmi as the new General Manager for the company’s operations in Egypt effective July 2017. Fahmi has more than 20 years of experience across business development, marketing and communications. Fahmi has held several managerial positions at Novo Nordisk prior to his latest …

Nihal Samir

General Authority for Reconstruction implements 20 projects in Cairo, Giza, Qalyubia worth EGP5.7bn

Minister of Housing, Utilities and Urban Communities Mostafa Madbouli announced that the Central Agency for Reconstruction and Development is currently implementing 20 projects in Cairo, Giza, Qalyubia worth EGP5bn and EGP 720m. The minister explained that the projects implemented vary between the implementation of housing units within the social housing project, or under the umbrella …

Nihal Samir

Shuaa Capital Initiates Procedures for Securities Business Egypt Re-entry

Shuaa Capital, the UAE-based integrated financial services company, has announced that it has started formal discussions with regulators in Egypt to resume the practice of securities services in the Egyptian market. As a first step, Shuaa Capital’s board of directors has set up a clear mandate aimed at expanding the range of brokerage services offered …

Nihal Samir

Implementing partnership between Native Markets and Intro Investments Holding in Egypt

The leading financial and investment corporation in the Middle East and North Africa, EFG-Hermes, announced that the promotion and underwriting sector has acted as an advisor to implement the strategic partnership between Intro Investments Holding Ltd and Native Markets Ltd in the Egyptian market. This partnership will lead to the acceleration of Native Markets’ growth …

Nihal Samir

Al-Shobokshi, Al-Sharbatli inject new investments worth $2.15bn in Egypt 

Minister of Investment and International Cooperation Sahar Nasr announced that she agreed with Saudi businesspeople Fahd Al-Shobokshi and Abdul Rahman Al-Sharbatli to inject new investments in Egypt worth $2.15bn. During the meeting, they discussed increasing their investments in Egypt, as the group’s current investments is about $3bn. The meeting saw the discussion of the investors’ intentions …

Nihal Samir

Total acquires Maersk Oil for $7.45bn in share and debt transaction

Total company announced in a statement that its boards and A.P. Møller-Mærsk boards have approved Total acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), in the form of a debit and share transactions. Both boards agreed that This proposed transaction is subject to the applicable legally …

Nihal Samir