EFG Holding is working on 7 Suggestions in the Gulf this year, with values ​​of up to $ 10 billion

The ‘EFG’ holding the holding group is working on two government proposals on the Egypt Stock Exchange in the Service and Industrial Sectors, along with 7 Golf proposals, according to Mustafa Gad, head of the promotional and subscribers, which was revealed in an interview with ‘Al -Sharq’. He pointed out that his group works about ten merger and acquisition of the year during the current year, with values ​​of between $ 6 and $ 8 billion, and Egypt represents between 40% and 50% of it. Jad said in the interview on the sidelines of the group’s nineteenth annual investment conference held in Dubai that the group is currently in the preparatory stages of government proposals in Egypt. Egyptian Prime Minister Mustafa Madbuly revealed late last year that his country plans to start at least ten businesses during the year 2025, four of which are owned by the army. The proposals vary between direct investment and the stock exchange, and will include the banks of Alexandria and Cairo. The Egyptian group is the top of ten billion dollars and operates 7 proposals in the Golf this year, with values ​​of $ 10 billion, including $ 5 proposals in Saudi Arabia, according to Jad. The official was revealed in an interview with ‘Al -Sharq’ in February last year that the market’s markets will testify in the new proposals this year, which could exceed the pace last year, especially in the Saudi market, and added that the excellent results of the initial proposals on the Gulf stock exchanges have been encouraged to go to financial markets in the region in recent years. As for the Kingdom of Saudi Arabia at EFG 4 Same Melting and Acquisition Agreements you work on until the end of the year. The postponement of the proposals due to Trump’s fees The head of the promotion and subscribers sector sees that any proposals will currently stop in the form of the markets and the impact of Trump’s decisions on them and the scope of people they record. He added: “We have not yet postponed or canceled any suggestions we have, and the timing is currently difficult to make any decisions, so we need at least two weeks before any decisions.” Initial acquisitions and provisional proposals were estimated at billions of dollars, after the trade war launched by US President Donald Trump caused the world economy upside down, which has worsened the complications of the market market that has experienced problems since the beginning of the year. The unrest was not limited to the initial proposals, but was rather expanded to the offers of mergers and acquisitions. In a “Bloomberg News” report, it was reported last Saturday that the French company “CD Saint Goban” for building materials decided to suspend the sale of its glass unit, an agreement that could be $ $ $.