Egypt to start procedures for offering NPC, SAFI on EGX Wednesday

Sun, 12 Mar 2023 - 04:18 GMT

“The offering process aims to maximize the value of the two companies and attract investors from the local or foreign private sector,” according to the cabinet spokesman, Ambassador Nader Saad.

32 Egyptian state companies to be floated on EGX over a year: PM

Wed, 08 Feb 2023 - 09:43 GMT

Offering companies on the stock exchange will be through a public offering or by selling a share to for strategic investors, the prime minister clarified.

Egypt approves qualification of ELWATANYA, SAFI for their offering on EGX

Wed, 20 Jul 2022 - 09:09 GMT

Egypt is working on offering a number of army-affiliated companies on the EGX through the Egypt Sovereign Fund, which handles the process of selecting and structuring assets, with the aim of expanding the shareholder base and promoting local and foreign private investments.

Egypt to raise LE about 6B from activating gov't offering program

Tue, 10 May 2022 - 02:12 GMT

Egypt’s draft budget for 2022/2023 fiscal year revealed the government's intention to complete the offering program.

Administrative Capital Company to be offered on EGX within two years

Tue, 01 Mar 2022 - 02:54 GMT

Abdeen indicated that the company is currently studying the offering in cooperation with CI Capital and a number of specialized entities.

Foreigners acquire 75-80% of the Macro Group private offering

Thu, 10 Feb 2022 - 03:36 GMT

Macro Group for Pharmaceuticals Company’s (Macro Capital) public and private offerings on the Egyptian exchange (EGX) were implemented with a total value of LE 1.28 billion.

EFG Hermes prepares to implement 3 offerings on EGX during 2022

Thu, 10 Feb 2022 - 02:48 GMT

Gad added that his company hopes to offer Banque du Caire from government offerings in the same year, according to a TV statement.

Macro Capital's private, public offerings amount to LE1.28B

Tue, 08 Feb 2022 - 02:59 GMT

The EGX indicated in a statement, Tuesday, that the offering was implemented through 264.51 million shares, or 45.8 percent of the company's shares, at a price of LE 4.85 per share in two tranches (public and private).

Macro Capital's private offering oversubscribed by 102 times

Mon, 07 Feb 2022 - 04:40 GMT

The EGX indicated in a statement that the total quantities of purchase orders (initial quantity) registered in the private deals market amounted to 1.35 billion shares.

PM follows up program for listing number of gov't firms in bourse in 2022

Wed, 02 Feb 2022 - 12:20 GMT

Madbouli said he will periodically follow up the listing of a number of government companies in the bourse in 2022.

FRA expects trading on “Nahr Al-Khair” shares to start this week

Mon, 17 Jan 2022 - 03:32 GMT

The Egyptian Stock Exchange's listing committee had agreed at the end of last December to list the shares of Nahr Al-Khair Company, with an issued capital of LE 200 million, divided into two billion shares, with a nominal value of 10 piasters per share.

Mahalla Spinning Club to offer stake worth LE135M on EGX within 2 weeks

Tue, 07 Dec 2021 - 11:43 GMT

The minister added in statements on the sidelines of the Seventh CEO Conference, Monday that the total value of the offered share is estimated at LE 135 million.

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 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.

E-Finance announces final price for offering its shares on EGX at LE 13.98

Tue, 12 Oct 2021 - 04:03 GMT

It explained that the initial public offering (IPO) period started from Sunday, October 10, until Sunday, October 17.

E-finance to offer 14.5% of its capital on EGX

Thu, 30 Sep 2021 - 05:50 GMT

The company stated, in a statement, Thursday that it will offer 80 million shares of the current shares in a secondary offering on the EGX and implement the public offering in the primary market for 177.77 million ordinary shares as a capital increase.

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 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.

Listing companies in stock market makes them focus of investor interest: EGX chairman

Mon, 12 Apr 2021 - 01:18 GMT

This came during a workshop organized by the Stock Exchange in coordination with the European Bank and the Federation of Eurasian Stock Exchanges, to familiarize companies with the requirements for registration