IWAN Developments plans to establish, list holding company

IPO WATCH- IWAN Developments looks to list after restructuring: Real estate developer IWAN Developments is currently setting up a holding company to consolidate its subsidiaries and plans to list the new company on the EGX, CEO Waleed Mokhtar tells Amwal Al Ghad. Mokhtar did not provide further details on the expected size or timing of the listing, saying that the company is “waiting for the right time and conditions” for the IPO.