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FINANCIAL NEWS
UAE’s Abraaj ups offer for Egypt’s Bisco Misr
24 Nov 2014
(MENAFN) UAE-based Abraaj Investment Management said that it has increased its offered price to acquire shares in Egypt’s Bisco Misr, Arabian Business reported.
Abraaj said that it is now offering USD126.651 as a total purchase price for the stake, despite already getting regulatory approval to buy the stake with its initial offer.
The private equity firm said that its offer remain conditional to the company securing approval to buy a minimum of 51 percent of Bisco Misr’s stake which is known to be Egypt’s main producers of cakes and biscuits.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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