Synergy Capital

Synergy Capital is pleased to share the successful completion of its buy-side advisory mandate to Al Baraka Bank Egypt in the acquisition of 100% of Amlak Finance – Egypt. Capital Markets Advisors, the advisory subsidiary of Synergy Capital, played a pivotal role in guiding the Bank throughout the entire process. From deal negotiations, valuations and due diligence to coordinating legal, tax, and financial advisors, Capital Markets Advisors ensured a seamless and value-enhancing transaction.

This accomplishment underscores Synergy Capital's ongoing leadership in Egypt's capital markets. With a comprehensive platform that includes investment banking, asset management, brokerage, custody, and structured finance, Synergy Capital continues to demonstrate its commitment to delivering integrated financial solutions in the region.

Eid Mubarak to you and your beloved ones.

We are pleased to announce that our sister company, Capital Markets Financial Advisors, a totally separate legal entity licensed as an independent financial advisor from Egyptian Financial regulatory authority under license #56, has been mandated by the BoD of United For Housing and Development as an independent financial advisor to conduct a fair value assessment for both United Housing and Development Company listed under Reuters Code (UNIT.CA) and Cairo Housing and Development Company (ELKA.CA).

This comes after Egyptian Financial Regulatory Authority (FRA) approved an Offer by Cairo Housing and Development Co. to acquire up to 132,000,000 shares, representing approximately 50.87% of the shares of United Housing and Development Co. S.A.E through share Swap without Cash Option.

Capital Markets, as an independent financial advisor appointed by United Housing and Development, will review the fair value of both United Housing and Development and Cairo Housing and Development shares. This involves analyzing all historical financial data and future assumptions that led to the proposed share swap ratio stated in the offer.

Emerging markets remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows

EMs at a crossroads: As another Donald Trump presidency looms, Bloomberg Economics sees emerging market economies (EMs) as having some cause for optimism — as well as significant causes for concern. While EM interest rates and growth prospects may not be as tightly linked to developments in the US as they once were, financial vulnerabilities and as-of-yet unrealized chances for coordination could hamper EM attempts to adjust to a new global economic normal.

Enterprise — Essential business, finance and policy news from the Arab world Business, finance and regulation news in the Arab world — Enterprise The morning business news brand that global investors and domestic leaders trust for news, analysis and context in the Arab world.

The US corporate bond market wrapped up its busiest month on record in September with an average daily volume exceeding USD 43 bn, but cracks could be forming under the surface, the IMF warned last week in its Global Financial Sustainability Report. Although trading activity surged, narrow credit spreads are raising concerns about a sudden repricing of bonds if markets face turbulence.

Enterprise — Essential business, finance and policy news from the Arab world Business, finance and regulation news in the Arab world — Enterprise The morning business news brand that global investors and domestic leaders trust for news, analysis and context in the Arab world.