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Egypt gears up to bring e-Finance IPO, BdC stake sale to market in 1Q2020
PRIVATIZATION WATCH- e-Finance could make its EGX debut as early as 1Q2020, chairman says: State-owned payments platform e-Finance is putting…
Rameda Pharma retail subscription surges on final day, offering closes 33x oversubscribed
Retail appetite for Rameda’s IPO surgest on last day; offering closing 36.3x oversubscribed: Retail investors poured into Rameda Pharma’s 5%…
Short selling comes to the Egyptian stock market
Short selling comes to the EGX: The EGX and Misr for Central Clearing, Depository & Registry (MCDR) yesterday launched short…
Earnings watch: HHD posts EGP 29 mn profit in 3Q2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development posted net profits of EGP 29.4 mn in 1Q2019-2020, up from…
EGX to reclassify constituent industries, add new sectors
EXCLUSIVE- EGX to reclassify constituent industries, add new sectors: The EGX is currently reviewing its classification system for the sectors…
Rameda Pharma retail offering oversubscribed on first day
IPO WATCH- Rameda Pharma retail offering oversubscribed on first day: The retail component of Rameda’s IPO was oversubscribed at the…
FRA gives Rameda green light on public subscription notice
IPO WATCH- Market regulator gives Rameda green light on public subscription notice: The Financial Regulatory Authority (FRA) has approved Rameda…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
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