IPOs and EGX Listings

CBE governor participates in 47th session of council of Arab central banks

Mon, 18 Sep 2023 - 03:41 GMT

During the session, fruitful discussions were held regarding the organization of specialized banking forums in Egypt, Tunisia, and Qatar.

Ministry of Finance considers selling more stake in Telecom Egypt

Wed, 13 Sep 2023 - 11:01 GMT

Egypt sold a 10 percent stake in the company via the Egyptian Exchange (EGX), reducing the finance ministry’s stake to 70 percent

Egypt wants to raise $5B from its IPO program by mid-2024

Wed, 30 Aug 2023 - 02:15 GMT

The IPO program, which now totals to 35 companies, is one of state strategies to overcome the shortage of foreign currency by attracting more investors.