• Tuesday, 1 December 2020

    TAQA Arabia the latest IPO to lose steam thanks to covid

    Qalaa Holdings’ TAQA Arabia won’t be making its EGX debt in the near future due to the potential for market volatility caused by the pandemic, the local press reported yesterday, quoting sources close to the matter. Qalaa had reportedly planned...
  • Monday, 23 November 2020

    Talks of Banque du Caire IPO “premature” -sources

    IPO WATCH- Talk of when Banque du Caire (BdC) might reschedule its IPO on the EGX are “premature” in light of the emergence of a global second wave of covid-19, Masrawy reports, citing unnamed sources close to the matter. Speaking...
  • Wednesday, 18 November 2020

    Biggest IPO flop ever?

    What led to Ant Group’s IPO flop? The Financial Times has this handy explainer on what it is calling “the biggest misstep for capital markets of 2020” — the USD 37 bn record-breaking Ant IPO that became a non-starter after...
  • Wednesday, 18 November 2020

    Prime Fintech plans to list on EGX in next two years

    IPO WATCH- Prime Fintech plans to list on the EGX in the next two years, Prime Holding’s deputy CEO, Mohamed Maher, said during parent company Prime Holding’s 25th anniversary event yesterday, according to Al Mal. He provided no further details,...
  • Tuesday, 17 November 2020

    E-Finance IPO pushed to 1Q2021

    IPO WATCH- E-Finance has formally pushed its IPO to 1Q2021: The government has pushed the IPO of fintech player E-Finance to 1Q2021, Chairman Ibrahim Sarhan said yesterday, according to Masrawy. The value of the listing will be determined during the...
  • Sunday, 8 November 2020

    What we’re tracking on 8 November 2020

    Good morning, friends. The (not so) small matter of that election across the pond is the only thing anybody is talking about this morning. Closer to home: Plenty of folks will be thinking through what Joe Biden’s win means for...
  • Sunday, 1 November 2020

    What we’re tracking on 1 November 2020

    Good morning ladies and gents, and welcome to November — we hope you’re buckled up for what is shaping up to be one of the biggest weeks of an already too-eventful year. It’s something of a perfect storm for investors...
  • Wednesday, 28 October 2020

    What we’re tracking on 28 October 2020

    Good morning, friends. Are you looking forward to the long weekend as much as we are? We are always grateful to write to you every morning, but we sometimes wish a four-day workweek would become standard practice… Banks and the...
  • Tuesday, 27 October 2020

    What we’re tracking on 27 October 2020

    Good morning, ladies and gents, and welcome to one of the calmest Tuesday mornings we’ve had in a long time. We’re not complaining — just hoping the news cycle continues to be this kind until the three-day weekend is upon...

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