Abou Hashima to IPO Egyptian Media Group? The Egyptian Media Group, controlled by Ahmed Abou Hashima, is planning an initial public offering, according to FEP Capital CEO Abdullah Al-Shaheen, who stopped short of specifying a timeline for transaction, Youm7 reports. FEP Capital is advising EMG on the planned listing. Al-Shaheen also said FEP plans to invest EGP 250 mn in SMEs and distressed manufacturers over the next two years, according to Al Borsa. FEP Capital had pledged in 2015 to invest a total of EGP 500 mn and has made good on half of that amount over the past two years, the newspaper says.

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