MSA considers IPO to finance expansion to New Alamein

IPO WATCH- MSA University mulling IPO: October University for Modern Sciences and Art (MSA) is considering listing its shares on the EGX to finance its expansion plans to set up a new campus in New Alamein, according to Al Mal. MSA has already submitted a request to the Madbouly Cabinet to allocate a land plot for the new university branch, on which it expects to break ground sometime this year, MSA’s Board of Trustees Chairman Nawal El Degwi said.