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What we’re tracking on 19 August 2019
The central bank’s Monetary Policy Committee (MPC) is set to meet this Thursday, 22 August to review key interest rates.…
Egypt’s first IPO this year sees shares up 31% on the first day of trading
IPO WATCH- Fawry IPO ― the first this year ― sees shares up 31% on the first day of trading:…
What we’re tracking on 8 August 2019
We’re officially on holiday in a few hours’ time: Civil servants will be on break to observe Eid Al Adha…
EBRD considers buying 20% of Alexandria Container’s offering
IPO WATCH- EBRD could snag 20% of shares offered in ACCH stake sale: The European Bank for Reconstruction and Development…
Fawry IPO’s retail offering 30x oversubscribed
IPO WATCH- Fawry’s retail offering oversubscribed 30x: E-payments platform Fawry successfully completed the book-building process for its initial public offering,…
Giza Spinning & Weaving delays IPO for second time to Feb 2020
IPO WATCH- Giza Spinning and Weaving pushes IPO to Feb 2020: Privately-owned Giza Spinning & Weaving Company has pushed to…
What we’re tracking on 05 August 2019
It’s PMI day: The Emirates NBD purchasing managers’ indexes for Egypt, the UAE, and Saudi Arabia are due out this…
Fawry’s private placement sees strong demand
IPO WATCH- Fawry’s private placement 15.9x oversubscribed: Investors oversubscribed 15.9x to the private placement portion of Fawry’s ongoing IPO, EFG…
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