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Monday, 25 February 2019

El Attal plans to go public on Egypt’s exchange next year

IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed El Attal tells the local press. News came as the company launched last week its three-phase EGP 4 bn Park Lane New Capital residential compound, which is slated for completion in two years’ time. El Attal is also planning to launch an EGP 5 bn project in New Alamein and an EGP 3 bn project in Ain Sokhna, for which details are yet to be announced.

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