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TAQA Arabia to sell 30% stake in IPO on Egypt’s bourse next year
IPO WATCH- TAQA Arabia to IPO 30% next year, exact timing to depend on market conditions: Qalaa Holdings is planning…
Egyptian exchange issues new regs on book-building process for IPOs, secondary offerings
REGULATION WATCH- EGX issues new regs on book-building process for IPOs, secondary stake sales: The Egyptian bourse has issued new…
Earnings watch: Fawry reports 9M2019 results
EARNINGS WATCH- Egyptian e-payments platform Fawry’s 9M2019 net profits recorded EGP 76.3 mn, up 47.7% from EGP 51.6 mn last…
Raya Holding and subsidiaries may delist from EGX in 2020
Medhat Khalil warns Raya Holding could delist from EGX in 2020: Raya Holding is considering delisting from the EGX, founder…
Rameda receives greenlight for IPO this year
IPO WATCH- Rameda gets nod for share listing, will go public before the end of the year –FRA: Rameda Pharma…
Egypt in the News on 20 November 2019
The government’s reform efforts will be undermined if the military crowds out Egypt’s private sector from the economy, resulting in…
Brokerages aren’t happy with how much Egypt’s short selling electronic system is going to cost them
REGULATION WATCH- Brokerages aren’t happy with how much the short selling electronic system is going to cost them: Brokerage firms…
Speed Medical to invest EGP 160 mn in 2020
INVESTMENT WATCH- Egyptian healthcare company Speed Medical to invest EGP 160 mn in 2020: Speed Medical aims to invest EGP…
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