IPO

Abu Qir Fertilizers signs contract to promote 10% of its shares within gov't offering program

Wed, 08 Dec 2021 - 03:36 GMT

The company explained in a statement to the Egyptian Stock Exchange, Wednesday, that a promotion contract was signed with CI Capital to promote and cover initial public offerings (IPOs), EFG Hermes to promote and cover the subscription, and Al Ahly Pharos to promote and cover the subscription in securities.

Egypt to offer 4 companies on EGX before end of 2021

Mon, 06 Dec 2021 - 03:49 GMT

This came during the activities of the second day of the CEO Conference.

Egypt to offer 5-6 companies on EGX before end of 2021/2022

Tue, 23 Nov 2021 - 06:48 GMT

Madbouly explained during the cabinet meeting that the government is aware of the importance of increasing the offerings of public companies; In order to enhance the role of the stock market, develop and revive the movement of capital flow and trading in the Egyptian Stock Exchange, and raise the market capital to be more attractive to investors

Egypt aims to increase private sector's share in economy to 50%, IPO program to be expanded soon

Tue, 09 Nov 2021 - 03:47 GMT

This came during an open dialogue with representatives of the business community and development partners, during the conference organized by the Egyptian Businessmen Association.

Egypt intends to offer 5-6 government companies on EGX during 21/22

Wed, 20 Oct 2021 - 04:07 GMT

This came in a meeting chief executive of capital markets at the London Stock Exchange, Murray Ross, and Charlie Walker, head of primary markets at the stock exchange. EGX received Wednesday the incomer number 241 in the list of listed companies, e-finance for financial and digital investments, a leading company in the development, management and operation of technological networks for digital transactions.

EGX executes e-Finance offering with value of LE 5.84B

Mon, 18 Oct 2021 - 02:05 GMT

EGX said in a statement, Monday, that the public offering numbered 25.77 million shares, representing 6.17 percent of the total shares offered for sale, which represented 1.61 percent of the company's total issued shares.

EGX approves proposal to study listing of family businesses

Wed, 08 Sep 2021 - 02:01 GMT

The committee presented the proposal during a meeting it organized with the head of the Egyptian Stock Exchange via video conference technology.

Egypt's gov't IPO program to resume by end of 2021: Planning Minister

Wed, 08 Sep 2021 - 01:54 GMT

The offerings will include a number of state-affiliated companies, refusing to mention their names until the official announcement after completing all the various aspects.

Egypt's bourse to receive from 2 to 3 offering before end of 2021

Tue, 18 May 2021 - 03:16 GMT

This statement came on the sidelines of the signing of a cooperation protocol with Nabila Makram, Minister of State for Immigration and Egyptian Affairs Abroad.

Banque du Caire Chairman rules out offering bank's stake on EGX during 2020

Wed, 26 Aug 2020 - 01:13 GMT

“The offering will be considered again,” he said.

Banque Du Caire postpones floating shares on EGX due to COVID-19

Sun, 12 Apr 2020 - 06:08 GMT

This decision came due to the repercussions of the emergence of coronavirus globally and locally, and its impact on stock exchanges in all over the world.

2-3 companies to be floated on EGX by end of year: Farid

Tue, 10 Mar 2020 - 01:35 GMT

He said that global and oil market declines are normal due to the current crises and the global panic of the coronavirus.

Offering additional stake of Heliopolis for Housing on EGX cancelled

Tue, 03 Mar 2020 - 01:10 GMT

The company canceled the offering of 10 percent through the management contract and another 15 percent would be put on the stock exchange.

Private offering of Emerald oversubscribed 134%

Mon, 24 Feb 2020 - 03:27 GMT

Orders reached 89.11 million shares, exceeding the the allocated total number of the offering which is 66.5 million shares.

EGX Roller of 2019

Tue, 18 Feb 2020 - 11:49 GMT

A review of all ups and downs in Egyptian economy and the stocks market in 2019, as well as positive expectations for 2020.

Egypt to sell a 45% stake of Banque du Caire in the first half of 2020

Wed, 05 Feb 2020 - 10:46 GMT

The bank also is open to sell part of the stake to a foreign investor during the initial public offering (IPO), added Eletreby during an event late on Monday.

CI Capital manages LE 9.2B assets in Egypt during 2019

Wed, 29 Jan 2020 - 02:08 GMT

Co-CEO of CI Capital added that the company's financial services portfolio in 2019 amounted to LE 10 billion, compared to LE 7.8 billion in 2018.

State’s IPO on EGX expands ownership base: EGX Chairman

Sun, 29 Dec 2019 - 10:12 GMT

"Offering state-owned companies is one of the most important steps that countries take to revitalize the stock market,"Farid stated.

Sisi affirms offering Armed Forces' companies on EGX

Thu, 26 Dec 2019 - 09:15 GMT

Sisi stated that the companies will be available for all Egyptians and not just the private sector.

NI Capital initiates IPO of National Investment Charity Education Fund

Wed, 18 Dec 2019 - 03:52 GMT

The IPO starts with at least LE 100 and has no upper limit, the Planning Ministry said in a statement on Wednesday.

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