• Monday, 14 June 2021

    Four companies to IPO in 2H2021?

    The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman Mohamed Farid told Reuters.Want to know who? Farid is keeping us guessing. The EGX boss didn’t mention which companies could...
  • Sunday, 13 June 2021

    A deadline for companies that haven’t pulled the trigger on their IPOs

    BdC is one of at least four companies that now face a year-end deadline to go public. The news comes after the Financial Regulatory Authority decided (pdf) to again extend deadlines for companies to complete their IPOs. Failing to pull...
  • Wednesday, 9 June 2021

    Ghazl El Mahalla FC could move ahead with its IPO in 2 months

    Ghazl El Mahalla’s IPO could go to market in the next two months as the club finalizes procedures with the Financial Regulatory Authority (FRA) ahead of the sale, according to Prime Securities, which is quarterbacking the transaction, Al Mal reports.The...
  • Monday, 7 June 2021

    Egypt Post’s private equity arm could be heading to the EGX

    Egypt Post plans to debut its private equity arm Post for Investment (PFI) on the EGX, Chairman Sharif Farouk said in an interview with CNBC Arabia (watch, runtime 2:28). Market conditions and appetite from foreign investors will determine the timing...
  • Tuesday, 1 June 2021

    What the markets are doing on 1 June 2021

    Investors are pumping the brakes on the red-hot US IPO market: The strength of first-day IPO “pops” in the US is dipping, a sign that investors are becoming more discriminating after throwing money at everything during the first two months...
  • Sunday, 30 May 2021

    Misr Life to debut 25% stake on EGX in late 2021 / early 2022

    Misr Ins. Holding (MIH) plans to offer 25% of its subsidiary Misr Life in an IPO on the EGX by the end of this year or in early 2022, MIH chairman and managing director Basel El Hini told Al Mal...
  • Sunday, 9 May 2021

    IDH shares to go live this month

    Integrated Diagnostics Holding (IDH) shares are expected to begin trading on the EGX on 20 May after the Financial Regulatory Authority (FRA) gave the all-clear last week for the London-listed company’s dual listing, IDH said in a statement on Thursday....
  • Wednesday, 5 May 2021

    EGX moves ahead with IDH’s dual listing + Ghazl El Mahalla eyes October debut

    Integrated Diagnostics Holding (IDH) is closer to becoming the latest company to list in Egypt after the EGX’s securities registration committee this morning approved its plans to sell 5% of its shares on the Egyptian bourse.It’s still unclear when the...
  • Monday, 26 April 2021

    Evergrow mulls offering 40% stake in IPO

    Egyptian fertilizer company Evergrow plans to offer a 40% stake in an IPO on the EGX in 2023, Chairman Mohamed El Kheshen told Hapi Journal. This appears to be a larger offering than the 30% stake Evergrow said last year...

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