Al Tawfeek Leasing seeks regulatory approval for IPO

IPO WATCH- Al Tawfeek Leasing Co. has filed with the Financial Regulatory Authority for permission to list 24% of its shares on the EGX ahead of an IPO, according to Youm7. CEO Tarek Fahmy had said back in September that the company is planning to list 15% of its shares on the EGX before the year is out.