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Egypt Post’s private equity arm could be heading to the EGX
Egypt Post plans to debut its private equity arm Post for Investment (PFI) on the EGX, Chairman Sharif Farouk said…
Huawei is cooking up its own mobile OS + US banks aren’t banking bank on SPAC listings
Other stories we’re keeping an eye on as we prepare to slide into the final workday of the week: Chinese…
What the markets are doing on 1 June 2021
Investors are pumping the brakes on the red-hot US IPO market: The strength of first-day IPO “pops” in the US…
Misr Life to debut 25% stake on EGX in late 2021 / early 2022
Misr Ins. Holding (MIH) plans to offer 25% of its subsidiary Misr Life in an IPO on the EGX by…
Macro Group taps EFG Hermes, RenCap as advisors on planned IPO
Cosmetics pharma giant Macro Group Pharma has reportedly tapped EFG Hermes to quarterback its planned IPO alongside Renaissance Capital, according…
TONIGHT: Gaza crisis resolution; Blinken ME tour to land in Cairo; RyanAir hijacking causes consternation; SPAC party hits EU; BTC meltdown continues
After a slow morning, we’re getting a flood of stories running the gamut of investment, to Egypt macro trends to…
Junk SPACs are becoming an issue of concern
Silicon Valley veteran is worried about the proliferation of “junk” SPACs: The meteoric growth in the number of blank check…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
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