• Wednesday, 11 December 2019

    Upcoming IPOs of Egypt’s BdC, e-Finance will be a boon for EGX liquidity

    The upcoming IPOs of state-owned Banque du Caire (BdC) and e-Finance will be a boon for liquidity on the EGX, Bloomberg says. BdC, one of the country’s largest banks, is expected to attract investors from beyond the region, including from...
  • Wednesday, 11 December 2019

    What we’re tracking on 11 December 2019

    Today will largely be shaped by how two IPOs will fare in their market debuts. Here at home, Rameda Pharma shares will begin trading under the ticker RMDA today, marking the second and last IPO for Egypt in 2019. Meanwhile,...
  • Tuesday, 10 December 2019

    What we’re tracking on 10 December 2019

    It’s another day in which the House dominates the nation’s news agenda, but there’s still no sign of the much-awaited cabinet shuffle. Pundits in the nation’s capital now say it’s today or after the World Youth Forum, which gets underway...
  • Monday, 9 December 2019

    Egypt gears up to bring e-Finance IPO, BdC stake sale to market in 1Q2020

    PRIVATIZATION WATCH- e-Finance could make its EGX debut as early as 1Q2020, chairman says: State-owned payments platform e-Finance is putting the final touches on its planned initial public offering (IPO), which could take place as early as the first quarter...
  • Monday, 9 December 2019

    What we’re tracking on 9 December 2019

    The House of Representatives had a busy first day back in session yesterday, with a pile of legislation receiving general assembly and committee-level approval. We have the full roundup in this morning’s Speed Round, below. Today could be just as...
  • Sunday, 8 December 2019

    What we’re tracking on 8 December 2019

    The House of Representatives is back from recess today, and the big question isn’t what’s next on the legislative agenda, but when is that long-expected cabinet shuffle coming? MPs could be asked to approve President Abdel Fattah El Sisi’s new...
  • Thursday, 5 December 2019

    Is the Saudi Aramco IPO actually a wise choice for investors?

    Is the Saudi Aramco IPO, touted for years as the biggest of all time, actually a wise choice for investors? This Wall Street Journal video (watch, runtime 07:44) concludes that long-term uncertainty around the company’s future growth makes it a...
  • Thursday, 5 December 2019

    Rameda Pharma retail subscription surges on final day, offering closes 33x oversubscribed

    Retail appetite for Rameda’s IPO surgest on last day; offering closing 36.3x oversubscribed: Retail investors poured into Rameda Pharma’s 5% public offering on the final day of subscription yesterday, leading the retail component to close 36.3x oversubscribed, Al Mal reports....
  • Wednesday, 4 December 2019

    What we’re tracking on 4 December 2019

    It’s the final day for retail investors look to subscribe to Rameda Pharma’s IPO: The penultimate day of Rameda’s retail offering closed 8.8x oversubscribed, with orders for 165.78 mn shares covering the 18.83 mn shares on offer, according to the...

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