• Tuesday, 5 November 2019

    What we’re tracking on 5 November 2019

    Whether you’re looking for macro indicators, new product ideas (hint: nano-lending), debate on the EGX, or the regional IPO outlook, it’s a packed issue for you this morning. GERD talks kick off in Washington tomorrow: Foreign Minister Sameh Shoukry is...
  • Monday, 4 November 2019

    It’s official: Saudi Aramco’s IPO is now underway

    It’s official: Saudi Aramco’s IPO is now underway, with the Saudi Capital Market Authority officially approving the share sale yesterday. Aramco Chairman Yasir Al-Rumayyan said at a presser yesterday that Aramco’s valuation would be determined during the investor roadshow and...
  • Monday, 4 November 2019

    What we’re tracking on 4 November 2019

    The two big stories of the day are whoppers: Aramco’s IPO looks like a “go” as the Saudi oil giant ITF’ed yesterday, and Egypt took a huge step toward becoming the premier energy hub of the eastern Med yesterday as...
  • Sunday, 3 November 2019

    Aramco’s IPO is moving forward, as MbS gives it the green light

    IPO WATCH- Aramco’s IPO is moving forward as MbS appears to accept valuation of less than USD 2 tn: Saudi Crown Prince Mohammed bin Salmangave on Friday the go-ahead for Aramco’s long-awaited IPO and an official announcement is expected as...
  • Thursday, 31 October 2019

    Rameda announces intention to IPO in 4Q2019

    IPO WATCH- Rameda announces intention to IPO in 4Q2019: Rameda Pharma, the country’s fastest-growing generic pharmaceuticals player, announced yesterday morning its intention to sell an undisclosed number of shares in an initial public offering on the EGX in 4Q2019. The...
  • Wednesday, 30 October 2019

    Aramco is set to begin trading on 11 December, Al Arabiya reports

    IPO WATCH- Aramco is set to begin trading on the Tadawul on 11 December, Al Arabiya reports: Saudi Aramco will start trading on the Saudi stock exchange on 11 December, Al Arabiya announced in a news flash yesterday. At the...
  • Wednesday, 30 October 2019

    What we’re tracking on 30 October 2019

    Habemus Aramco IPO date: Mark your calendars, as Aramco (known modestly as “potentially the largest IPO in History”) is set to begin trading on the Saudi stock exchange on 11 December. The Saudi government is expected to officially announce the...
  • Tuesday, 29 October 2019

    Egypt’s HHD to auction land plots in El Shorouk

    Heliopolis Housing and Development (HHD) is auctioning today an undisclosed number of land plots in Shorouk City, according to the local press. The plots range between one and 30 acres in size and can be used for residential, administrative, or...
  • Tuesday, 29 October 2019

    CI Capital to list Taaleem on Egypt’s stock market in two years

    IPO WATCH- CI Capital plans to take Taaleem to market in two years: Investment bank CI Capital plans to list Taaleem Management Service Company, the owner and operator of Nahda University in Beni Suef, on the EGX within two years,...

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