Netherlands-based RMBV looks to establish SPAC in Egypt

Good morning, friends, and a happy Eid El Adha in advance.

On deck this morning, we spoke to three sources who tell us KPMG is weighing a restructuring of its Egypt operations.

Meanwhile, Korra Energi's private placement closed 5.7x covered yesterday

And we go behind the scenes of the CBE’s recent NBFI tightening

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Netherlands-based private equity firm RMBV is looking to establish a special purpose acquisition company (SPAC) here at home Arabic press

Building on a developed footprint: Spinneys Egypt

Egypt’s blank-check market is slowly taking shape. Catalyst Partners Middle East OG Capital For Investments our explainer

A tight-knit strategy

Oriental Weavers (OW) w ants a bigger slice of its core subsidiaries to maximize return on equity a bourse filing (pdf)

Why it matters: latest earnings release

Securing the harvest

The government has procured 4 mn metric tons of local wheat since the mid-April harvest began 5 mn ton target Reuters

Looming global threats: choked off up to 45% of the global seaborne fertilizer trade

WEATHER- It’s another mild day in Cairo today

It’s chillier in Alexandria

And over the holiday

The big story abroad

Despite news of an incoming US-Iran truce are expected

Speaking of which: ordered has reported

Meanwhile, in outer space: dispatched

ALSO- Is ‘Gen Z’ a misnomer? suggests

*** It’s Blackboard day: